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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%Dec 26 4:00 PM EST

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To: Gottfried who wrote (29336)3/14/2006 10:27:27 PM
From: Kirk ©  Read Replies (2) of 95640
 
Check out these two charts of Rydex Nova/Ursa Ratio vs. SPX for the past year.

investment.suite101.com

It pretty much agrees with my bulls over bulls plus bears chart that called a bottom last Wed. (I sent a copy to my mailing lists..)

This is pretty amazing to see sentiment still going down as the makets are at nearly 5 year highs. Rally is probably just getting started.... unless it doesn't... -g-
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