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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: russwinter who wrote (14138)8/9/2002 12:50:06 PM
From: Steve Lee  Read Replies (2) of 19219
 
I don't agree that rydex is showing bearishness.

Last time the rydex nova/ursa ratio was this high (indicating rampant bullishness) was July 31. S&P 500 declined nearly 10% immediately from that sell signal.
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