low volume day last night and arms ratio at 0.15 - not sure ive seen it that low before. Strange couple of weeks, seen the highest and lowest ARMS numbers ive ever seen in the space of a week. I think there is still some significant volatility on the horizon.
Watch the news of the Financial Services Reform package, this is hugely defining moment for the markets. If it passes in its current form it has the potential to completely change the dynamics of the market - significantly less power to the likes of Goldmans and morgan stanley
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