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The video discusses the bullwhip effect, which is a phenomenon that suggests that the stock market will experience a major decline if it follows the same pattern as it did in 2008. The author explains that this is a sign that the market is being driven by liquidity and that he is watching for a deviation back above the mid-range to close a long trade. The author also mentions that he closed a long trade yesterday and that he is still waiting to hear back from the head of sponsorships about a potential mistake.
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