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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (123363)8/26/2005 7:10:28 PM
From: Shack  Read Replies (2) of 209892
 
Yeah, pretty much in the same boat as the SPX, either a (iii) of 3 down off the top or a reversal. Perhaps more corrective slop is in the cards as you implied.

Rydex Nova/Ursa is at 0.18 as of yesterday, that's borderline absurd. The lowest I've ever seen it was Oct 2002 at 0.16, after today it may even be there.

Absolutely no way I play anything short in light of that.
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