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To: Lucretius who wrote (78047)12/3/1999 7:39:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
well...btw, Rydex ratio at a new all time low.



To: Lucretius who wrote (78047)12/3/1999 8:43:00 PM
From: MythMan  Read Replies (3) | Respond to of 86076
 
>>For those of you technically inclined, if we were to see a gap down in the next couple of days in the Nasdaq or Nasdaq 100, we could have an ominous development in the form of an exhaustion gap and an island reversal potentially. <<

I just read this on an obscure link. you mentioned island reversal to me today...WTF? YOu know this clown? -vbg-



To: Lucretius who wrote (78047)12/4/1999 12:24:00 AM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 86076
 
Luc, here's something for a bear to grin at:

quote.yahoo.com

However, I think it's meaningless in the broader market context.

The market has got so overheated that stock darlings are picked up one day and shunned the next, and it doesn't matter. The SPX made a new high today, and the lagging bank stocks made strong moves today. So they will pick up the baton, even if nuts show weakness. It should be noted that only two pure-play internets are in the S&P (AOL, and YHOO will be as of Dec. 7th), so the S&P can continue moving up without the internets (and I'm betting it will).