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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Jeffrey S. Lillie who wrote (1150)2/7/2003 2:55:05 PM
From: Win-Lose-Draw  Read Replies (1) of 11447
 
the problem with that sort of analysis is the ratio was also (more or less) 3.17 yesterday and the day before and the day before...which means so far that is the smart money, not the dumb money.

i can see it suggests a turn is coming, but since it is a very undeveloped indicator - as demonstrated by the fact that assets - ie use - is "growing like weeds" - it is going to signal early until we have a better feel for what the ratio limits are.

imo over time rydex will converge to looking very much like a $cpc MA.
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