I agree and my point exactly Volt. I also agree on your 2nd point.
In these times I believe the next leg down is imminent before it moving strongly upward. Then as I said I believe the bear of 02/03 will pay us another visit and the next leg down will occur.
For now the only index I am convinced is going down is the XFJ to around 4000-4100, the 2003 support.
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