Nobody is going to call this next bottom to the dollar. If the bear flag on the HUI and the bull flag on the dollar play out, it should be a rather quick trip down, equal to the first leg going into each flag. When the 2nd half of the move is over that should be a time for a very good trade to the upside IMHO. Now is the time to work on your shopping list and let the stocks come to you. Pick your spots to enter as they reach your PO. I imagine the action will be fast and furious when we got to the bottom. You won’t have much time to think about what you want to do at that point it should already be in place. And don’t worry about catching the exact bottom, just buy into the weakness and hold on for dear life as the ride will probably be wild and crazy.
All the best to you islander…Rambus
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