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SilentOne

03/11/14 5:05 PM

#47869 RE: pmiles #47868

Hi Peter,

I agree entirely with what you say from a Hurst perspective. However, my thought is that an 18 month low is ahead and that a Hurst 4.5 year straddle is very likely into the summer. That is we only saw a 20 week low here in early Feb. I'm expecting the cycles to fail in a big way here and I think it will be China that brings it all down. TWT.

cheers,

john