Ahh Canada - 2 out of 3 ain't bad Message Board

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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Shack who wrote (2466)	5/18/2001 12:20:43 PM
From: Shaw	Read Replies (1) of 5144

Yes guy! The MM funds are very key, imho. That MM money (even a small percentage of it) will be the sign for the big push to your 2600 or 2700 on the COMP. The good thing is we can use that index and other measures to set up a nice shorting scenario (as per the Elliot discussion) because as Cush pointed out, the retailers are the last in and the first to get whipped. I see no reason why history won't repeat itself if the scenario plays out. The fact that the MM #'s are showing cash big time on the sidelines, the rally in the COMP could be pretty potent, imho. PS: Do you have a link to the Rydex index??

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