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Fascinating theory that aligns with my idea of an extended cycle—if true, the last 'true' peak was in 2017 and the next 'true' euphoric peak will be in 2027.
I can get on board with this—it makes way more sense than the 4-year cycle.
2021 didn't feel like a true cycle top, and we certainly haven't seen one this cycle so far.
Basically, the last true top was in 2017.
I remember that peak; it felt like a true euphoric peak.
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