Monday, January 23, 2006

welcome back volatility

Welcome back volatility, yes the down side is harsh but the resurrection of volatility is a signal the market is going to break out of its morbid trading range that has consumed so much of the last 3 years. The total lack of volatility has been one of the hall marks of the Bear market that has ensued since the melt down of the bubble market in 2000. Dare I say, time to go back to buying on the dips? A strong broad based rally the next week or so would give me cause to celebrate and confirm my theory that renewed volatility is a sign of stronger market possibilities

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