Lions and Friends... What Is Your Opinion On This?
From Greg M
Lions and friends... Currently the MMRI, Mannarino Market Risk Indicator, is sitting in a HIGH RISK Zone at 272.9... In your opinion what is more likely? Will the MMRI rise above 280, or break down below 260 in the short run?
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It will go higher than 280. The world is run by idiots,.
Short run breakdown then reverse and then breakdown again. This will continue for a while. Its a selection cycle they have to protect.