SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: chris714 who wrote (113607)7/19/2001 8:02:44 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
in September of '98? can barely believe that...i only recall the Rydex ratios at the time, and they were the most extremely lopsided bearish ratios ever...at the early Oct. low, there were over twice as many assets in bear funds than in bull funds...there was real fear in other words. right now Rydex bear funds have 1/10th of the assets they had then compared to bull fund and sector assets.

aside from that there are other contextual differences...back then it took a few quarter point cuts and it was off to the races from that fear bottom, as the US economy continued to be strong. right now we've had 6 cuts, the largest drop in the FF rate in such a short time under Greenboink, the economy is in the dumps, and there's absolutely no fear. and the stock market couldn't care less about the rate cuts it seems.