1) We are at a critical juncture for the market. The events of the next month will shape the next year. In 20 years of investing, I've never seen such high sensitivity to initial conditions and such a wide range of outcomes with no real precedent to help guide thinking.
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It is funny. People always say the SPREAD OF POTENTIAL OUTCOMES IS LARGE. But what they don't get is that the situation can't make the outcome better! Only worse! Thus it has to be biased downward. The only outcomes are bad (market crash) or terrible (hyperinflation).
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I am trying to build the future as we fall. It's possible!
End of conversation
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Yes i've been thinking about that for a while. How every type of TA is actually at its most fundamental level is a filter which is responding to impulses.
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