History Repeating Itself: Market Collapse Signs
Submitted by inthemoneystocks on Mon, 02/06/2012 - 17:12.
As the market trades near 52 week and multi year highs, the media continues to pump an economic recovery that has every retail investor turning into a bull. Strange and scary coincidences are emerging in comparison to previous market mega drops. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $134.21, -0.36 (-0.27%).
First, the volume over the past few months has continued to get lighter and lighter. Not only does this mean the institutions are no longer buying but it also is the lightest volume since 1999. This was just prior to the technology bubble collapsing.
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