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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Bag of Pucks who wrote (39742)1/2/2001 8:05:30 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
Maybe but if you check out the MITA thread, JT posts the RYDEX ratios each night and so far, the SPX ultra longs have been 2-1 bullish and the NASDAQ is just plain ridiculous... it is like 1 billion plus in long funds and only about 80 million in short funds. People may say they are bearish but everyone is still long the NASDAQ.

I informally ask around work every so often and always get the same answer, they will bounce back, I am buying more and only recently have a few started wondering if things are OK but aren't pulling out yet.

EDIT - Here is the link for the latest RYDEX from the MITA Thread. I was also mistaken, the NASDAQ long funds are 1.8 billion....
Message 15106906

Good Luck,

Lee