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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (40254)6/10/2024 7:25:19 AM
From: skinowski  Read Replies (1) | Respond to of 41469
 
Agree - a 4th being so much shorter than 2 is not ideal. But, I think it’s passable. Time relationships are not part of the classic rules of the EWP - and it really isn’t a very major wave - it’s only the 4th of Wave 3.

Also, it’s not the only the only possibility going forward from here. Have to be ready to forget about it - if things change. But for now, it’s on the table, imo.



To: robert b furman who wrote (40254)6/10/2024 7:36:06 AM
From: skinowski  Respond to of 41469
 
What do you make of this, Bob? Hedge fund positioning in Oil is lower than on the day in 2020 when people were paying big money to get rid of their long Oil contracts. Sounds pretty extreme - and should be bullish for the black gold. At least, enough for some optimism to return.