Bears, bulls and excessive volatility

The continued bull market has caused many investors to be overconfident of the buy-and-hold strategy. However, a look at past bear markets shows that it would not be prudent for investors to hold indefinitely because of the potential risk involved. A brief overview of volatility analysis and how it can be used to predict market behavior is presented.
The consistently record-breaking stock market continues to baffle and entice traders, many of whom think the bull will never stop. Here we take a hard look at past bear markets [...]