Another lovely basing pattern, which would be more enticing if the market overall were cheaply-priced.

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Earnings are pouring out this afternoon, and Cisco – – which was basically the king of all equities for the 1990s – – is enjoying the love.

Here are some of the bigger ones; SHOP looks particularly interesting to me since it has a clean inverted head & shoulders pattern (which is bullish).

Historically, nothing has been more effective at beating the market down than my sharing some ideas about actually going long some stocks. Here are some nice-looking patterns:
