AI
Monday, January 16, 2023 10:08:20 AM
Hi Toof, Re: v-Wave Short and Long Term projections and Cash Recommendations.........
The graph shows the Short Term v-Wave has been lower for a few weeks.
I think it is indicative of the market bottoming process that has been going on for almost 6 months now. I think we can consider the shorter term v-Wave as sort of a lead indicator. When it's falling rapidly or rising rapidly and crossed the longer term v-Wave it appears to be leading the way toward either lower or higher risk. Right now both are nearly at the Median value. That indicates upside potential and downside risk are in reasonable balance. The "trend" isn't very big, but would seem to show for the latest 6 months that risk hasn't changed much on average, just wiggled around. Maybe the movement is symptomatic of the markets' volatility.
Best wishes,
OAG Tom
The graph shows the Short Term v-Wave has been lower for a few weeks.
I think it is indicative of the market bottoming process that has been going on for almost 6 months now. I think we can consider the shorter term v-Wave as sort of a lead indicator. When it's falling rapidly or rising rapidly and crossed the longer term v-Wave it appears to be leading the way toward either lower or higher risk. Right now both are nearly at the Median value. That indicates upside potential and downside risk are in reasonable balance. The "trend" isn't very big, but would seem to show for the latest 6 months that risk hasn't changed much on average, just wiggled around. Maybe the movement is symptomatic of the markets' volatility.
Best wishes,
OAG Tom
Buy from the Scared; Sell to the Greedy.....
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