SPY: Less Work, More Money
Warren Bevan | Jan 08, 2017 12:52AM ET
**These are my thoughts on the SPY (NYSE:SPY) ETF
Men who can both be right and sit tight are uncommon- Jesse Livermore
We continue to see strong action.
The trend remains up so let it work for you.
As Jesse Livermore did say,
It was never my thinking that made the big money for me, it always was sitting.
So, on that note, let’s make 2017 the year of less work, more fun, and more money.
SPY is breaking out.
I’d prefer more volume into new highs but every single long is in the money now, once again.
Let that sink in.
Why would anyone with a profit sell?
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