Comments
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DFIWM still looking good - we maintain a long and are also using IWM Call Spreads to express this forecast.
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AVI would have liked a better, longer explanation of wave theory and its application to the Russell 2000. Corrigenda: [@2m32s left] "Typically wave 5 will move .618% the length of waves 1 through 3". He meant 61.8%, not 'point'618%. [@0m15s left] In the final slide the Stop Loss and Target price levels are switched.
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CCGood stuff Dave! I'm in on this and giving it a little more time to run...
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AFThx again Dave.
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DFThat is correct Connor......
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JMSet up looks great, Target & Stop Loss just wrong way round. Must just focus on remaining bullish even though the economic conditions in general isn't looking that great. Maybe use a trailing stop if momentum higher is picking up?