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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (113726)7/21/2001 1:47:45 PM
From: James F. Hopkins  Read Replies (1) of 436258
 
Heinz; I'm not to sure how good those polls are since
I started using the daily asset value / the nav
of the rydex funds I get just how real money bets
are being placed, tahts a lot different from a poll
which includes many opinions of those who
are to meek to bet what they believe.
----------------------
Asset value/ nav has the Bulls / Bears in the
Rydex camp just about April 6th levels.
The Bulls Peaked and the Low for the bears
was July 2nd..that's by the average amount
of shares out in Bull/Bear funds , Rydex Money Market
funds are now at April 4th levels..
Far from sentiment being bullish..
There may be a lot of people saying they are
bullish but they haven't put their money
where their mouth is.
Jim

PS , This market is not going to "test" the April Low
Bets say the marjortiy seem to "think" it will
and it won't ever comply with what the majority "think"
So we either rally before taht, or we plunge right through
it and set a new Low..a "test" is out of the
picture. ( in the near future )
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