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[Islander]

I think we are finishing a B wave rally, such as it is. B waves are usually sucker plays, bull traps. They involve a focus on a narrow band of stocks, rarely technically strong, and are virtually always doomed to a complete retracement by wave C If you feel something is wrong with this market it is likely a B wave.... AJ Frost on B waves. Phi Mate date is early Oct 5-10 and the market turns. I will short hard after the window dressing which does not look very ethused this morning. Best Islander.