As Godfrey, just pointed out, few indicators are pointing to a possible blow off, if such occurs, it will surely be followed by another melt down ()Nassacre) and while right here, it is impossible for me to know how far the blow off will go , I am ready on the ejection handle. Once I see how far the reaction goes, it weill be easier to respond to your query, right now, it still seems quite possible to have a blow off followed by a major decline and then a more orderly cyclical bull into elections.
Zeev
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