Quote from NihabaAshi:
Yeah...its parabolic although its lost its volatility.
Yet, we both know that declining volatility doesn't imply it can't go higher.
We also know that the market conditions the past 1-2 years is more easily moved in comparison to the 90's.
Simply, its not all about the U.S. anymore.
Therefore, I think (my opinion)...we need to be more concerned about other key markets outside the U.S. in comparison to what we saw in the 90's to better mange the risk with the declining volatility.
By the way, I didn't know you were arguing with someone about something that's so obvious in the charts.
...
Mark
Nah, that's my line to you ... and while you're at it you need to brush up on your terms of endearment. A market's volatility doesn't increase in strong bull moves, it's momentum does (this Bull run over the past 5 years has confounded many traders who thought just like you).
Good trading,
Jimmy Jam