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To: IceShark who wrote (14884)	1/7/1999 10:34:00 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

Don't know. If anything market has to fool every one in to believing that it is going higher a little before the crash. In that sense, it is bearish. I presume the combination of low vix, high Bull/Bear ratio, low percent equity puts and low put/call ratio is extremely bearish. Yesterday's NASDUNG vol is indicative of some top. Last two days' NH/NH is on the bullish side. The big slide should commence when things look relatively OK (i.e. slow but still growing economy, sort of!) I don't have enough tools to predict the market direction via measuring investor sentiment, liquidity etc. Abby cutting her exposure to stock is actually bullish to the stocks. JMO. The reason being, I do not believe that this AZW knows JS about markets.