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


To: Les H who wrote (8146)7/14/2001 9:22:56 PM
From: jj_  Respond to of 19219
 
ok I think I got how the math works, but who runs these 8 index funds,who over sees them,who's money,any government involvement?-thanks



To: Les H who wrote (8146)7/15/2001 12:32:55 AM
From: JRI  Read Replies (1) | Respond to of 19219
 
Les, whadda you make on the unstable basis for a bottom/rally here (sentiment, as measured by Vix/Vin/AAII, and even put/call (10 day moving) never got to oversold/extreme levels early last week- for a major push).....and yet, Rydex funds are screaming for a big run-up (in J.T.'s words), rivaling April...

Something/someone has to be wrong here...any idea who?
The only 2 "compromise scenarios" I can see is that a week long meandering here could burn some Rydex cash, and make some more down possible.....OR we burst thru near-term resistance on all indices and the rally dies at (what will most certainly be) historic bullish levels....

What do your stochatics/sentiment readings say? Tia, and thanks too for your great links.