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Do You Think the Fed and the Bear Markets Are the Same?
There's a stickiness to the system. So if you convince people that every dip should be bought, then for a long time every dip will be bought. The lower highs, lower lows model is how they grind you to dust. You can't short a market that takes 18 years to go down. Period. There's a lot of people who that would scare the shit out of them. I hope so. And do you should.