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Pastimes : all Bear Clowns Will be destroyed

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To: Chris McConnel who wrote (492)2/9/2002 2:56:17 PM
From: bobby beara  Read Replies (2) of 701
 
<<CFZers congratulating themselves again on their wonderful foresight!<<<<

Hi Chris,
lol, they been shorting the rally off the bottom, now that they are congratulating themselves for finally getting it right, might be time for a reality bitch slap -ggg-

i did some calculations of the rydex ratios, using the main ratio i follow which is to add the bear funds + bull funds + plus money market(i give leveraged funds 1.25x)and divide that into the bull funds to get a percentage of bullish money.

on sept 21st that ratio was 30.9% bullish money
last thursday the ratio was 33.5% bullish money

this is a pretty extreme reading, note that sentiment isn't everything and can get more extreme and the trend is down,
but i'm long from friday, with a stop below fridays low.
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