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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3795)	4/20/2001 9:09:14 AM
From: Poet	Read Replies (1) \| Respond to of 33421

Hi John, Yes, the visual of long term volatility as a sine wave is a good one. I've noticed a rapid diminution of volatility recently as the market has ramped, which strikes me. Would you explain the logic behing this statement a little bit? shows that we still have speculative elements of the bull market around, and I think it means that we are not finished with the bear market. What are the speculative elements that you're referring to and why do they point to a continuation of the bear rather than a reinflation of the bubble?