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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (115902)4/3/2005 4:12:09 AM
From: nspolar  Read Replies (1) of 209892
 
There is something that chart does not show Shack, and that is how much money has moved out of the all Bull sector over the last 3 months. It has been a lot. The current cumulative cash flow total is back near Aug 04 lows.

Normally this might be bearish. But so much has moved out and the index has yet held within a range, over the same period. So one could turn the other cheek and view the present situation as bullish, unless of course all that money simply vanished.

But I guess I've made no secret I am bullish for a good move here, into early summer. So maybe I have clouded vision.
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