As usual the market went up after I issued a short-term sell. This is usual since my indicators are ahead of the actual market. This gives you time to get out of weaker positions and get into defensive ones. My short-term sell from the last blog still is in effect.
Today silver is showing some weakness. Since we’ve had such a strong run up it’s only natural that some profit taking occurs. Use this time to get out of speculative silver investments (such as mining stocks), free up some money to buy when the next signal occurs.
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