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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (10381)3/7/2000 11:59:00 PM
From: fuzzymath  Read Replies (1) of 18928
 
Having cash reserves on hand might be a very good thing this week. My volatility and trend indicators are both very high and rising. Rising volatility that is strongly trending is a very scary sign. If it isn't reversed, only one result is possible: a crash.

This sudden downturn (on rising volume too!) after a significant, but brief recovery (in the broad market NYSE), is a cause for concern. Did the market's rise accomplish nothing more than to provide it with greater momentum for this week's drop? My indicators put the current market risk at its highest level since the summer of 1998 during the global financial crisis.

We need some good news somewhere -- like maybe a sudden drop in oil prices? Anything would do at this point ...

Kevin
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