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


To: J.T. who wrote (6551)2/13/2001 1:56:21 AM
From: Square_Dealings  Read Replies (1) | Respond to of 19219
 
J.T. It is amazing that people find the banks so attractive here as 1000's of people are being laid off every other day adding strain on the bulging credit bubble. This week is critical in resolving the CA utility debt also as the courts will decide who is going to pay or if the creditors are going to have to eat the $20+Bln debt these utilities have racked up.

I think the risk factor in banks is much higher than is reflected in the charts.

M.



To: J.T. who wrote (6551)2/13/2001 12:02:34 PM
From: Challo Jeregy  Read Replies (2) | Respond to of 19219
 
Where did the money go? The plain vanilla net long and net short funds
total assets both actually decreased. It went exclusively into sector funds. I will have to
call trading again tomorrow to confirm there is no error in this money market number.


JT, does your Rydex source break out the sector fund info? If so, can you get and post it?
It might help to see where all of this $$ is going.

Maybe it is just being pulled out of the market. Going to bonds? Or . . .?