Ted Warren's Investolator Message Board

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Strategies & Market Trends : Ted Warren's Investolator

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To: WEagle who wrote (1101)	8/14/2022 10:54:55 PM
From: robert b furman	Read Replies (1) of 1798

HI WEagle, I'm not looking at the charts, but I think we've just finished ii and are now into iii. iii has the most likely extension potential. It could well be v as well but not both. Either way, it it is v, I'll be out before that. the bigger II will be long in time and deep. May hold low cost dividend payers, and not incur a taxable event. Everything else will be turned to cash, pay taxes and buy back much later. In between the fall will be deep and it will take time for the ABC to complete. That C wave could go sideways a long time. A lot of equity will go to market heaven or hell. Cash collateralized puts will be the revenue stream then. Plus accidental high yield dividend payments. Bob

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