I would suggest that the reason for the "Trading range" MEME is because if you look at the post 2000 bottom, after the big bounce. It range Traded. Generals always fight the last war. Which doesn't mean it will or won't happen
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
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