I just read that Mark Cook has said his proprietary cum. tick indicator has flashed a major sell signal. (see Schwager's Stock Mkt Wizards for indicator discussion) âAt this juncture I am seeing the potential for the US market to go into a free fall â¦ the Cook cumulative tick is the most overbought since December 1999. I spoke at a conference in New York in February 2000. I warned the crowd that this market was going to get crushed. I had two dozen people walk out on me. I said, if you are in this market get out now â¦ right now it is the same type of market. It is like the bear rally in 1929 before the October crash.â This is a huge deal guys. Cook is one hell of a trader and this is one of his most reliable indicators. Make of it what you will.