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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

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To: da_cheif™ who wrote (63643)	12/4/2000 12:42:12 AM
From: bobby beara	Read Replies (1) of 99985

da cheif, watch wat, u gotta take a look at the rydex ratio in march - total bullish capitulation - no bears - just luc and precter, same with july and sept. everybody is in, not just the locals, but the globe, to get a piece of the "new economy" ur just deluding urself in thinking some of the LUC types are gonna capitulate an go bullish at the top, or nobody will say it's a mania, in the late 20's there were plenty of high profile bears that were ignored and dismissed. after two severly right hand translatin 4 year cycles, with little mini couple month bear markitz, we are way overdue for a left hand translatin one, which i think started March 24th. b

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