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In Cold Blood – The Size of the Bearish Opportunity

I know, I know. I’ve heard all the words. Oversold. Capitulation. The Fed Put. Buying opportunity. The whole schtick. And I’ve seen the counter-trend bounces and the fact that 99.999999999% of the planet wants the market to go up, and go up big. But the fact is that I’ve been doing this an awfully long time, and much more than most people, and when I see the size of the opportunity looming before us………..I can hardly breathe.

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