$PIPPIN A textbook-level shakeout—after two days of continuous violent declines, all long positions were liquidated. Compared to the previous slow decline, this sudden plunge shows that the main players no longer have time for a gradual washout as the bull market approaches, and can only use this kind of violent shakeout to push prices to new highs. Perfect, perfect. All the long positions held by the main players in the futures market are now yours—hurry up and close your short positions. If you think that's not enough, I can push it down another 50 points. No problem, we can handle it.

PIPPIN-28.45%

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