Elliott Wave and Index Trends with POKERSAM Message Board

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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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From: POKERSAM	12/6/2022 10:42:14 AM
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This [C] of Y down will be long and dramatic. The permanently bullish, of course, are oblivious to it. They have called a bottom many, many times since January a year ago. Their counsel should be avoided like the plague. The talking heads and market analyst will continue to encourage investors to hold for the long term and tell traders to buy every dip. All this as the markets take a total 50%+ haircut. 4800 down to 2400-. This past year was phase one of this bear and the second phase will be more destructive and relentless. You can enjoy it as you pile up profits from the short side or you can lose your shirt and make your life miserable by continuing to fight the bear. It is tough being a bull in a bear market.

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