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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (36552)	5/29/2002 10:23:24 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

I think I recall 2-1 being a good level to bet against Rydex (in this case, 2-1 shorts versus longs). Would love it if they had an XAU short fund. -g- Interesting. Gold as window dressing. We've now seen it all. -g- Window dressing shouldn't be an issue till the end of June, though. Russell rebalancing occurs Friday, I think; not sure what effect that will have, but I'd expect end of/start of month buying soon. I believe Nasdaq had a weird snafu on that day last year (Russell rebalancing) and reopened the market late. Am thinking Fibo thoughts on the S&P: 34 trading days from peak to trough, and I think we've rallied 15 days since. That makes an up bias for 6 more days an interesting possibility.