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It That was Just Wave C - Big Puke Coming

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I had a fair crack at being bullish and it was profitable for a while but last attempt ran my entry levels. We're back to retesting them now but I've ditched all my longs other than super lotto calls.

If might turn out that big W move was just an ABC. That 6% down day was wave 1. The failed new high was wave 2.

If those things are true, I think you're going to see limit down days.

I don't throw that term about loosely. If we're heading into wave 3, at some point limit down days are likely.

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