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To: Shack who wrote (18323)10/29/2001 9:57:42 AM
From: AllansAlias  Respond to of 209892
 
Yup, that RUMX pattern is the embodiment of confusion. It is why I consider strongly that we did a 'b' and now go down in a 'c'. That RUMX up looks like a 'b'.



To: Shack who wrote (18323)10/29/2001 11:37:24 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Unlike the rally of Mar/Apr, this one has not been trusted. As soon as we see any down, the p/c's react and folks pull their money out of Rydex bull funds. So many people looking for a pullback. This is not the sort of action that makes one want to get very short.