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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (25668)7/20/2000 2:08:25 PM
From: bobby beara  Read Replies (1) of 42787
 
dennis, the rydex ratio (bull funds/bull+bear funds+cash) was 70% on 7/5 before this run started, yesterday the sucker had dropped from 79% on friday all the way down to 69%.

people got too bearish all of a sudden and i'm waiting for you to claim that the market kan't go down -ggg- to pull out the big nukes -gg-

the volume wasn't that big either, it looks like this was just a retest of the breakout and i believe we will see a new closing high in spx on this move up, i'll let you know when i think we should nominate the bulls off the island -g-
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