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To: marginmike who wrote (81310)3/16/2001 7:52:27 AM
From: Lucretius  Respond to of 436258
 
duh, and look where they've come from??? you've got to look on a historical basis. you're looking at 52 week lows from the NASDAQ's mania peak of 52 weeks ago (march 2000.. ring a bell? -g-)

stock prices measured by the indexes are back to where they were int he final months of 1998 yet the rrydex ratio is only back to where it was in mid 1999.... think about it....



To: marginmike who wrote (81310)3/16/2001 8:02:51 AM
From: AllansAlias  Respond to of 436258
 
Yes, money is being pulled out of the bullish funds. That's just a net loss to the system. It is not being poured into bearish funds.