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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (6701)2/23/2001 11:57:10 AM
From: bobby beara  Read Replies (2) of 19219
 
quote.yahoo.com^SPX&d=2y

The lows are in. Take it to the bank. . . . .
These Rydex numbers are beautiful. Finally it shows bullz running scared. This is what the market
needed. Capitulation and into deep oversold levels>>>>

JT, the spx is now at the levels of the october 99 sell-off, at that sell-off ursa had more assets than nova, now we've had a run to 1550 and back down to the same area, with less fear at the retest (according to this indicator), and everybody has been loading up on rydex otc leveraged all the way down, have u looked at that chart -g-, those bullz have been getting their clocks cleaned.

why are u so sure that the "bottom is in"?

b
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