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Pastimes : clx stuff -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (3523)11/23/2025 12:56:02 PM
From: robert b furman  Respond to of 3724
 
Hi Breeze,

I missed the top of circle 3, and thought it was circle b. Rookie mistake eh? <smile>

Keep those charts coming, I'm still learning.

I really like the CLX and CLXPP being together on the bottom.

The April decline which was severe, registered lower prices on my stocks than where they are now.

RSI had lower readings back then as well.

If the future (v) wave of circle 5 is as long as the actual wave (v) of circle 3 was (30 plus days) - we'll run into the Holidays and a New Year.

The personality of a wave 3 is stronger than that of a 5 (which can both truncate or extend.

I'd say a prudent investor would be wise to lighten up any losers early in December if one is planning on harvesting some tax losses. Those days after Christmas are so slow and light in volume, unless this time it is different.

There are two looming very negative possibles outthere that keep me worrying a bit:

Millennils have never yet experienced a general market selloff like the power that 2000.com and 2008 Great Financial Crisis had. I fear they may get a brutal lesson on their preference for Crypto.

The second is the looming corrective wave after V of circle 5 happens. A truncation could accelerate that even more.

The huge infrastructure and manufacturing building that is ongoingnseems to be a huge tailwind for that.

UNLESS the Supreme Court barfs out some liberal think word salad. That could stop or delay a lot of momentum. If they go the way they did on Obama's Affordable Care Act being a tax that only Congress can enact, we'll have some mass confusion at best. That side step spent a lot of money with no real affordability. In fact it created the opposite. My employees went from a 500 deductible to a 2000 and then 5000 deductibles. Deductibles so large they in fact deferred getting health procedures. The Supreme Court needs to anticipate their unintended consequences of their decisions. IMO

Thanks for the great chart and straightening my read out!

Bob