bear klowns destroyed vs 3 Message Board

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Pastimes : bear klowns destroyed vs 3

GE 310.72

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Nov 11 3:59 PM EST

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To: ru2 who wrote (26)	8/17/2002 12:01:52 AM
From: bobby beara	of 169

The rising wedge on da DOW seems pretty clear. Maybe to clear<<< ya too clear, we have stalled in this resistance area again for a couple of days, got a nice triangle on the Dow for the last two days, dell did break the downtrendline today. saw today a rydex chart put out by McClelan showing the rydex ratio of cash to all the bull funds (including sector funds) it puked above the 98 low, a huge vomit rope during june and july, the chart goes back to 96, in 96 and 97 at the lows of those years (july 96 and october 97) there were significant spikes in this ratio, amazingly during this bear market this is the first time we've had this kind of huge spike in this ratio. also the II bull/bears haven't moved much though we've had a pretty decent recovery vtoreport.com the wedge is bothersome though, it really shows up on the banking index, the naz though looks like it wants to break out and follow IBM.

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