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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (15524)12/11/2002 3:38:25 PM
From: Lizzie Tudor  Read Replies (2) of 19219
 
smarter money... agreed, also I think J6P is out of the mkt for now anyway... there is no dumb money left

Steve Lee makes some good points also... given all this imo Rydex is most useful looking at daily Rydex short volumes. Ignore the long funds, and ignore volumes from a year ago when dynamics were different (QQQ and J6P). From one week to the next, are the short funds increasing dramatically or not, seems a valid indicator to me.

JT posts other stuff besides Rydex too so its worthwhile to bookmark him even if you are not a Rydex watcher imo.
Lizzie
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