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Pretty bullish sign for so many on the list to be worried. It is hard for
me to believe but if we are 53% or so bullish at new highs we should go to
60% bullish in a big hurry with a big move in the stock market. So says a
man that is flat and his last three trades were shorts and now clearly
should have been longs. Correction I was testing my countertrend trading
system to stress test my equity.
Bottom line I'm bearish and that always means there is more upside to go.
Merry Christmas,
Jimmy
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