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This material contains the opinions of the author but not necessarily those of Manley Capital Management, LLC and such opinions are subject to change without notice.  This material has been distributed for informational purposes only.  Forecasts, estimates and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.  Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. All investments contain risk.