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Strategies & Market Trends : Classic TA Workplace
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To: Shack who started this subject10/23/2002 11:02:08 PM
From: Shack  Read Replies (2) of 209892
 
Some interesting Rydex numbers tonight. While there are still some stubborn bears out there (Venture actually increased today), there is quite a lot of money jamming into the long funds. I see that Titan, Nova and OTC are now HIGHER than they were on Aug 22. We still have decent levels in the bear funds so there is still room to go here.

But once those shorts are squeezed out, I don't see much hope for the bulls here unless they get major bearish on a pullback.
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