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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: David Howe who wrote (12618)	6/7/2002 3:06:43 PM
From: dvdw©	Read Replies (1) \| Respond to of 19219

Indeed! One reason Rydex Data is important to me and my work with Supply imbalances is this; Last night RYDEX short positions were near 53% of all money available in the money Market. As you know an uncovered short is an IOU with a declining value in an ascending market. Each dollar needed to cover, is worth less when the market is rising. This is an important fact about ESST, Rydex and the market at large. Some very cyclicly smart people are about to be looking, pretty damn dumb.