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

To: High-Tech East who wrote (15392)	12/7/2002 10:07:57 AM
From: bobby beara	Read Replies (2) \| Respond to of 19219

Hi Ken, Hulbert's investment newsletter sentiment ratios are in the top 4% of bullish sentiment readings - he doesn't use a survey, but asset allocations, i see AAII has 18% bears now. This all doesn't jive with rydex which is still quite heavily in cash and short funds, it's a puzzle. If one is to assume that this a bear market rally, it probably means upside from here is somewhat limited. The unemployment chart has been making a sideways consolidation for a year and broke out this last week to a new high and they dump the economy-crats in DC, martha stewart would say 'not a good thing' =g=