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August 10, 2013

A Hypothetical Discussion on Equities

Last weekend's Member Letter discussed prospects for a new daily cycle for gold, the commencement of a daily cycle decline by equities, and the development of a failed daily cycle for the dollar. I also expressed skepticism over oil's 2-day bounce, suggesting that a final DCL may still lie ahead. Each of these possibilities developed nicely over the course of the last five sessions, inducing the augmentation of my PM positions, as well as ...

 

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