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

To: dennis michael patterson who wrote (44768)4/3/2000 6:17:00 PM
From: KyrosL  Read Replies (1) | Respond to of 99985
 
Be careful. Even some hard core bears on the clown thread are contemplating buying calls tomorrow. That can't be bullish.



To: dennis michael patterson who wrote (44768)4/3/2000 6:24:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
dennis, i think the rydex ratio is better than surveys, because it is a vote with money, but there is no bell ringing at the top or the bottom, the rydex ratio got way more overbought than the 7/98 top.

Also rydex has become big enough sample to become a valid proxy for the market, kind of like the WS oscar poll of 350 that accurately predicted the oscars (4 of 5)


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