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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (61493)	12/12/2002 5:50:23 PM
From: Shack	Read Replies (1) of 209892

Excellent post. All bear sentiment measures continue to make higher highs as we grind on. And something very few folks talk about is that here is a company that actually offers short fund! Do all fund companies do this in the U.S.? I don't think so. Now that the bear is getting some 'recognition' among investors (and still a small % at that), bear money will migrate to Rydex and bloat the ratios for years until short funds gain more prevalence elsewhere. Hell I actually still know lots of people that don't even know what shorting is! Actually I think Rydex is pretty damn close to useless now as a sentiment indicator. I still track it daily and I am finding it very little use.

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