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Politics : High Tolerance Plasticity
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To: russwinter who wrote (1571)3/15/2001 9:11:39 AM
From: russwinter  Read Replies (2) of 23153
 
Followup to my yesterday's 1571 post. Using Rydex funds to gauge Joe and Martha capitulation, we can see that the kettle was starting to boil, but was pulled off the heat too quickly. Rydex OTC assets dropped from 1478 to 1224 from Mar. 6 to Mar 12. That's significant (although a percentage, perhaps a third represents portfolio decline), but J and M rushed back in yesterday and added 67. IMO that just prolongs the agony. Other sentiment indicators suggests a bear market rally may well ensue, but look for 10%, not 20-25.

decisionpoint.com
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