Just think. The more the bears push it down the better price the bulls can buy it at.

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DB - soon I'll be a bull !!!

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LOL

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I never predict the markets. I let seasonals and cycles do that for me. Remember its the market itself, that gives us the seasonal and cycle influences. You ignore them at your own peril.

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Back in mid july, the bear said a kick down cycle was coming due "at or near" the first week in august. 'BEFORE' the bull run was complete. The friendly bear never said the bull party was over in mid july - he only warned that the end is near. ...

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He should be louder now. The bulls refused to heed the warning signs. The nice bear was trying to help the bulls avoid disaster but only got angry reactions from the stubborn bulls. Sad, aint it ???

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HOWEVER - If you look at the weekly chart, you'll see the highest weekly close of the last leg up was the week starting on july 29. All weeks since then have been lower closes. The cycle was dead on accurate.

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The seasonal cycle I have said to sell the 1st week in August and get out of the short sell sept 13th. Long term cycles are accurate within 1-2 bars. This one was one weekly bar off - it topped the 2nd week of august and is still intact and working ...

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Tomorrow is friday. May be a quiet day. Might even get a little relief rally. The short term indicators are smack dab on the floor.

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The Contrarian — When everybody gets bullish, SELL it to them. (3 weeks ago) ---- When everybody gets bearish. BUY it back. (2 weeks from now) It take guts to buck the herd

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BULLS - you're mighty silent right now. (chirp chirp) The seasonals and cycles warned of this bear move more than a year ago. Are you still a non-believer??? Cheer up - don't worry, the bear cycle ends about sept 13. I'm going to join you then. ...

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Congrats !!!

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Lolol ! Good one spekitox

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KICK DOWN — This is a kick down cycle. Kick down cycles can get mighty ugly for the bulls. Go with the flow.

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Probability :

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BULLS - the SLAMDUNK is on.

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Not really about what makes me happy. I have no control of the market. Its all about the most probable outcome. Nothing is perfect, but putting yourself on the probability side is wiser than bucking the probabilities. Good luck !!!

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Fandango to 10100 area. 50% ? What say you?

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This doesn't appear to be oversold YET. Momentum has just hooked downward. (WKLY CHART) Two more down bars isn't unreasonable at all. In fact, its highly probable due to the seasonal/cycle influence.

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Is this what "Fandango means ?

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