OK, I’ll use bpgdm as an indicator. It ranges from 0 to 100. Simple enough? We are now @ 10…downside with risk to 0 which btw is extremely rare! So extreme risk down is 10 points …Normal upside is 70 to 80 or more basis points. Risk reward is 10 down versus 70/80 upside. Wake up Rich and smell the coffee.
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