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What would you do at (3)? Is this another opportunity to be long the 500 index or be a buyer at (3)? Is the tool in the top half of the chart a good tool to help build portfolios?
In hindsight…If you knew of this tool in early December would it have helped you go long this market?
Send me an email with your thoughts and opinions or if you like to know more about the tool in the top half. Send your email to firstname.lastname@example.org I will post the complete chart on Monday.
Hope all of you have a great Super bowl weekend…Chris