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To: AllansAlias who wrote (21683)11/20/2001 10:42:59 AM
From: skinowski  Respond to of 209892
 
“…For me, the important development over the last 6 or 7 trading sessions is the withdrawl from the bearish funds. Unlike other rallies we have seen, the bearish fund levels had remained stubbornly high ever since the Sep lows...”

It is possible that LTSH bears are not smarter than LTBH bulls…

Technically, the trend is down, just like at the top the trend was up. Keeps people in on the short side.

You can find some fellows who STILL schlep around a few shares from the top of the bubble (I spotted one this morning while shaving…) nG.



To: AllansAlias who wrote (21683)11/20/2001 10:27:57 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Rydex Bullish% Update

As you'd expect, the bears came back out some today. We are back to the levels of last Thursday with the Dynamic bear funds leading the retracement (swing traders?).

Change
Overall Bullish% 73.5% -5.0%
Dynamic Bullish% 62.8% -10.0%
Money Market ($M) 1317 +15.3%

____From Sep Lows____ _______100 Day_______
Avg High Low | Avg High Low
Overall Bullish% 67.2% 77.4% 59.0% | 71.2% 83.7% 57.1%
Dynamic Bullish% 53.9% 69.8% 40.8% | 57.6% 78.2% 38.9%
Money Market ($M) 1357.9 1603 1142 | 1383 1609 1142

(See the message I am replying to for the previous update.)