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

To: Killswitch who wrote (14678)	9/29/2002 7:03:53 PM
From: lurqer	Respond to of 19219

More evidence that major market participants are still too bullish and all leaning the wrong way. We'll only know "after the fact", but perhaps the current disquieting Rydex ratio numbers are a "leading indicator" of next year's sentiment. Just speculating. lurqer

To: Killswitch who wrote (14678)	9/29/2002 8:45:55 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 19219

<<This year thus far, bears have outnumbered bulls only four weeks. In 1994, a year when stocks went nowhere but turned out to precede five years of a bull market, bears outnumbered bulls in all but four weeks of the year.>> Thus proving the pure randomness of II's market predictions. When the market moves generally in one direction for a long period of time, II's looks profound, but is also useless. In swing times, II's uselessness becomes more and more visible. All technical analysis, when applied to the market in general, has the same characteristic...