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on a big reversal
All the people I read regularly have and are taking positions for a pullback. In including this one and this one.
I have the same thoughts as Trader D about profit taking before our holdings become old and tired.
In the future, when anyone starts thinking about taking profits, I suggest/urge that they start a profits thread in Billy's forum. At least we could air out or ideas between ourselves. On a separate thread, Billy or Pascal could chime in should they wish to-- not in answer to particular questions.
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