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Strategies & Market Trends : John Pitera's Market Laboratory
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From: isopatch7/8/2015 12:31:24 PM
2 Recommendations

Recommended By
John Pitera
roguedolphin

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Not a waver. OTOH, hard to ignore the distinct possibility the crude lo, early this year, concluded primary wave 1 of a cyclical Bear Market. Recent rally above $60 would be the usual counter trend wave 2, with wave 3 now underway.

If that's what's unfolding? The bull's best hope is for the FED to forget raising rates, do a 180, AND unleash an unprecedented flood of QE 4. What would be even more interesting, would be a huge new QE program, followed by a few rate increases claiming it would limit inflation.

Not pounding the table. Just suggesting folks consider such a scenario, in their investing/trading, as events unfold.

Iso

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