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We hit 17k at the lows, 75% drawdown from the highs. Many are looking for 14-15k, that’s 78% down from the highs. For 3% lower some are staying completely out of the market, despite holding the belief that a massive rally will follow. You have to ask yourself what is the risk vs reward for waiting for 3% more downside if you really believe 50+% upside is going to follow. ,