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Strategies & Market Trends : The Rational Analyst
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To: HeyRainier who wrote (1622)8/4/1999 2:20:00 AM
From: gcrieff  Read Replies (2) of 1720
 
Hello Rainier

The link i posted to stockmarket crash index has gone to -10, which is predicting 20% correction within two weeks time frame.

according to info on site its based on work done by imf, and has never failed to identify a crash, however it has given two false alarms.

i'm thinking better safe than sorry, i'm on 50% cash now and will look to increase to 70% within next week.

Do you or anyone have any comments on this indicator or the future direction of the market

thanks

coving
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