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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (2333)11/18/2003 2:12:14 PM
From: russwinter  Read Replies (1) of 110194
 
Possible look at how a market leg down will play out. Setup to make it tough for everybody: bulls and bears, that's why it really makes sense to me. Next few weeks are a "heartbreaker pattern" if this is it, sets up hope, fear, greed, all the good shit.

Looks like a sharp temporary up reversal below 1000 SPX, followed by a waterfall decline. My SWAG is the signals for the bounce up from the first decline, will have all the usual hallmarks: 1.0 put-call ratios, and some bad/bearish news (that even die hard bulls will take note of). We aren't even close to that today however.
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