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To: Dennis O'Bell who wrote (103430)8/30/2001 10:32:11 AM
From: waverider  Read Replies (2) | Respond to of 152472
 
Now that is a bundle of numbers. What do they mean?

So based on MM's opinion, these big guys knew when the top was and got out. If anyone could read these numbers, they should have gotten out too. Seems simple.

Mike, you have tossed out this indicator many times but haven't really given us an explanation how a person is supposed to read all these tables and what they mean other than you saw them net short and got out.

Being skeptical of course, if it was so clear how come some many fund managers (in tech anyway) have seen their funds drop 50%+. Aren't they big money? Shouldn't they have known? Who are all these smart guys who got out at the top by reading these charts?

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