there's a very wise man in this market named C who once asked me a question, C asked: "you know who loses the most amount of money in a bear market?" i was like nah who, C said: "bears".
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the dow bones came down from ath in a simple zig-zag (3 wave move) i am theorizing that it's creating an equal sized move to the upside, but in 3 waves. 3-3-5 is all i'm going to say for now - this will either make sense to you, or it won't - though, i promise not to leave you hanging when the time comes anon.
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when the dow bones take out ath, euphoria will peak out in the entire world - it won't make sense to 90% of the market, as they'll spend most of their time adding to their shorts, wondering "how can this possibly be?".
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here's how, bears keep shorting, market maker keeps squeezing, and they keep squeezing until every last bear goes poof.