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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (42160)3/3/2000 9:19:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Haim and all:

some observations...

the CBOE total put/call ratio reached a record low today for a one day reading (0,40). the 10-dma of this ratio likewise reached a record low today (0,44).

the Rydex money market + bear funds vs. bull + sector funds ratio reached yet another record low (0,19). so did the pure Rydex bull/bear funds ratio(0,10).
the percentage of money in Rydex tech (incl. bio-tech) funds is 88,4 %.

the 10-day TRIN (NYSE) is at 0,80 , its most overbought reading since mid November last year, when it reached its lowest reading ever.

the VIX has just performed its fastest one-week drop since late October last year.

well, how much more lopsided can it get?

regards,

hb