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


To: Yogizuna who wrote (44177)3/27/2000 1:07:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
not yet though...the money simply continues to be deployed in the narrow list of big cap favorites, so the indices will keep on floating higher. one day the music will stop of course, but who knows when...the Fed keeps on printing, doing billions in repos and coupon passes every day. since apparently no productive uses for this money can be found, it keeps on flowing into stocks.

there are no bears left however...the Rydex ratio keeps hitting new lows daily.

regards,

hb