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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Silent who wrote (5056)	10/18/2000 5:28:01 PM
From: bobby beara	Respond to of 19219

>>>I'm still not sure the publicly available numbers summarize opinion>>>>> joseph, rydex funds have grown significantly in size and are a valid polling sample of what the market is doing in general, if you have followed are rydex #'s you have seen consistent tops when there is 80% money bullish and bottoms when 57% money is bullish for the year of 2000, like i said market conditions and trends can change and 57% bullish money may or may not hold this time, in a bear market you would to expect to see more bearish readings, consider how bearish everybody was when oil hit 10 bucks, the sheik's were all saying it was going to $5. but then we all know bear equity markets have been repealed, just read dow 36,000 -ggg-