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In this clip from a recent edition of The Macro Show, Hedgeye CEO Keith McCullough answered a subscriber’s question about how to use his risk ranges. “Think of the range as the strike zone,” McCullough says. “When it’s outside, high and up, or down and out—like when it’s in the middle of the range—that’s not a pitch to swing at. That’s not where you make buy and sell decisions or covers and shorts. Wait for your pitch.”

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