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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (29545)1/29/2002 3:41:55 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Look at gold and the miners. Wonder if... -g

Tortured Jell-O I tell you! At least it better be.-g/ng

On ED alert with Smelly.



To: AllansAlias who wrote (29545)1/29/2002 4:14:35 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
BTW, today is another reason we need to get away form Rydex as a daily timing tool. The only time I found it effective was last summer, when we were locked in a range. Its useless in trending markets IMO. Just like an oscillator, it can remain 'oversold' a long time. As bullish as the numbers looked, it would appear we were still able to drop the indices 2-4%.


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