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To: Perspective who wrote (61493)12/12/2002 5:50:23 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Excellent post. All bear sentiment measures continue to make higher highs as we grind on.

And something very few folks talk about is that here is a company that actually offers short fund! Do all fund companies do this in the U.S.? I don't think so. Now that the bear is getting some 'recognition' among investors (and still a small % at that), bear money will migrate to Rydex and bloat the ratios for years until short funds gain more prevalence elsewhere. Hell I actually still know lots of people that don't even know what shorting is!

Actually I think Rydex is pretty damn close to useless now as a sentiment indicator. I still track it daily and I am finding it very little use.