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To: The Freep who wrote (62797)1/6/2003 2:13:03 PM
From: patron_anejo_por_favor  Respond to of 209892
 
<<what do you make of the index only ratio? Is that truly smart money?>>

Well, it's more likely to be "smart" compared with the equities...someone should really study the "Smart:Dumb" index to see if it's more valid than the ones we use, i.e., (equity P/C)/(index P/C).....call it the "SDI"<G>