“People tend to abandon the good system they’ll follow in search of the perfect system that they will quit.” Tim Ferris
Another solid day as charts continue to setup in spectacular fashion.
I’ve got my full load of stocks for the most part still.
I always hold positions until they tell me not to, and that is not being told to me.
Gold and silver continue to act strong but may see drying dry up once the Chinese New Year holiday begins on the 27th.
All in all, things continue to act great, so being in the right stocks and sitting is the way I’m playing this, until it changes.
SPDR S&P 500 (NYSE:SPY) continues to hold near highs but not accelerate higher yet.
Fine action as we continue to base and setup for continued strength.
Bases tend to last 6 to 8 weeks and we are now in week 5.
Earnings season looks set to coincide with when this base should breakout.
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