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Take a look at this site:
http://www.wwfn.com/crashupdate.html
They publish a so called U.S. Stock Market Crash Index, developed by Henry
W. Ford. Right now it shows a reading of -10, meaning that a stock market
crash might be imminent.
Their recommendation is:
"When the Market Crash Index reaches a -10 we exit the market of any risky
short-term long positions, and will increase the number and size of our
short trades."
Anyone familiar with this indicator ? How is it calculated and how reliable
is it ?
Any hints welcome, especially these days when everything falls and falls and
falls.
Regards
Gerhard
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Dipl. Ing. Gerhard Frischholz
Berner Straße 87
81476 München
Internet: gerhard.frischholz@xxxxxxxx
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