it might be wise not to chase highs

$SPDR S&P 500 ETF Trust(SPY)$ has been steadily on the up +30% since last nov & contrarily smart money have been taking profit, i believe we're ripe for a significant bear cycle. $ETFS Physical Gold(GOLD.AU)$ is up +10% in the last month indicating we could be at the peak of the market cycle

i'll be watching consumer & non-cyclical stocks for possible entries 

nfa :)

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