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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Killswitch who wrote (14378)8/21/2002 11:45:58 PM
From: Killswitch  Read Replies (1) of 19219
 
Rydex... money market drops again back to bearish levels around 1.5B. NDX ratios at levels similar to the July 17 top, but that's ok since we closed near there... I rate this neutral to maybe even bullish. SPX looking decidedly bearish now. Combined ratios not this low since June 5, but we didn't close anywhere near that high. All in all, we could use a pullback here to get some fear back again.
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