[isatrader]

With the bull market obviously well under way are you guys mainly looking for stage 2 continuation plays or are you finding stage 1 plays too?

The method suggests that at this point in the cycle that even investors should be more weighted towards Stage 2 continuation moves, as the best time for buying early Stage 2A breakouts is when the overall market is recovering in Stage 1 / early Stage 2, which last happened in late 2011 following the brief Stage 4 decline.

However, they are always early Stage 2A breakouts even at this point in the market cycle as sector rotation causes new leaders to emerge and out of favour sectors recover at different times, but obviously the pickings are thin at this point, so quality of picks is even more important. i.e. make sure any Stage 2A breakout you do trade has all the key criteria of potential A+ pick. But, the majority of your trades should be continuation moves and pullbacks already in Stage 2 at this point imo, and quality of picks is even more important at this Stage.