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

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To: Casaubon who wrote (25768)7/20/2000 10:22:41 PM
From: bobby beara  Read Replies (3) of 42787
 
C, i believe thats just a pause in a downtrend, since i know you the biotech guy, take a look at the triangle in hgsi, i bet thats a consoldation before the next down move, biotech has been the major make-up of all rydex funds by far, i think we have another bio=tech wreck in the works.

yu guys gotta remember the rydex otc long to short ratio has been hovering around 90-98% since june 2, even though we don't have the "new economy" talk or the nasdaq is gonna "double the dow" in a year, the money is saying that they are on the slope of hope -g-

it's amazin that after the nasdaq crash there are 98% bulls, after the 1987 crash they thought the world was coming to and end as we knew it -gg-

b
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