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

To: Killswitch who wrote (14791)	10/11/2002 7:53:19 PM
From: PAUL ROBERTSON	Read Replies (1) \| Respond to of 19219

we are going into recession whether we like it or not because every single economist that gets on CNBC with their commentary says we are not going into one. You know what their records are......

To: Killswitch who wrote (14791)	10/15/2002 11:20:30 AM
From: Killswitch	Read Replies (1) \| Respond to of 19219

Rydex numbers last night are interesting.. huge switch over the past few sessions has driven the short assets / long assets ratios for all SPX and all NDX funds down to levels seen back around Sep 10 or before. But the SPX and NDX as of yesterday's close are not up near the levels they were then. So we seem to have gone from a very bullish level of extreme short assets to almost the opposite- lower short assets and higher long assets than we had even when the market was higher than here. All in all it does reinforce the impression this is just another bear market rally, and the rocket fuel (especially after this morning) looks mostly used up.