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Finally

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If the bull tolerates this, then 6000 will be next

We have sounded a little like a broken record over the past few weeks in terms of our bearish call. Having said that, the perceived bull during this time period has been much stronger that the actual bull. Not so wrong in magnitude of price, but clearly wrong on timing. There is however more and more supportive evidence that the timing to go short is now.

Finally, extreme

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