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

To: Saulamanca who wrote (53272)	6/7/2000 2:30:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Jim, i guess this bear flag is in danger of being over-ruled by the massive fund inflows in recent days. interestingly the public is once again buying the rally after it has occurred, meaning that the staging of same has achieved its purpose, namely reversing the outflows of the previous week. no use betting against a tide of liquidity, although the sentiment indicators are ringing the alarm bells once again...(put/call 10-dma down to 0,49 again, Rydex ratio at 0,12, all as per yesterday) regards, hb