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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad
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To: Shaw who wrote (2464)5/18/2001 12:11:01 PM
From: Shack  Read Replies (1) of 5144
 
Shaw, the mufu crowd came in with full force two weeks ago and are certainly backing off. However, as you may or may not know, I put a lot of emphasis on the Rydex money market fund number. It tells me that there is still some fuel left for one more push. If they come in and push the COMP above 2250, then the shorts will push it up hard and fast and then a little more mufu money comes in and then it dies.

Such is the nature of markets.
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