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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: marginmike who wrote (4969)10/13/2000 9:55:39 PM
From: bobby beara  Read Replies (1) of 19219
 
By the way where do you find your Rydex Numbers? <<<

JT has that genie, i have some interesting observations on the sector funds which showed up last week, pertaining to the internet sector umpartikular -g-

at the sept top the internet rydex fund had 90 million bucks and was slightly under 5% of the sector fund moneys (i didn't start tracking this stuff until the may bottom so i don't have an idea what it was at the march top) , it has now dropped to under 3 million, and is a small fraction of 1% of the sector funds, it is at the lowest or 2nd to the lowest sector fund.

these guys are shorted and pooted into oblivion, i think there should be some fantastic winners out of this category from here.

b
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