is locked into a reasonably fixed pattern (emphasis on reasonably), and there's a bit more scooping/accumulation to take place before a bull run. This extended accumulation phase will not mirror last year's bull run, hence either we will see a smaller bull run or wait a bit longer for a strong one. Unfortunately times have changed since last year and patience may be something we all need. I certainly don't like patience, but i'm not seeing any other option jump out at me.