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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 41.75+8.2%Dec 19 4:00 PM EST
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To: robert b furman who wrote (19727)4/19/2005 9:14:59 AM
From: t2  Read Replies (1) of 207359
 
Rydex Nova/Ursa went lower yesterday than even what we saw after the close of Friday. Down to 0.20 now--levels not seen since October. Maybe even yesterday's trading made more people nervous.

However, i would note that this ratio has a lower range in the spring to fall period (0.15 to 0.30) and fall to spring period (0.25 to 0.45).
...that should also be factored in.
(still a bullish indicator at this point, imho).


schaefersresearch.com
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