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To: Perspective who wrote (69341)	3/22/2003 1:43:03 AM
From: ild	Read Replies (1) \| Respond to of 209892

RE: Rydex numbers. Found on Kitco Date: Fri Mar 21 2003 12:44 trotsky (stock market) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved the massive short positions in the broader market are apparently unwound at lighning speed also...the Rydex bull/bear asset inversion is gone already...now the ratio is 18.2 : 13.7 ( bull and sector asset total vs. bear asset total ) . after today those ratios are bound to deteriorate further. will be interesting to see next week if small traders have reversed their SnP and NDX futures net short positions, but one would assume so...

To: Perspective who wrote (69341)	3/22/2003 5:34:36 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

New bull? Geeze Bob, I hope we see lots of that talk. About 3 weeks ago, nobody thought the market could put together any sort of run to the upside. About Wednesday this week, we saw the death of many bearish scenarios in the wider timeframes. By next month, I am hoping we see lots of talk about a new bull. This should be our signal to be looking the other way. The Dow out of the Oct lows rose 12.82% without any pullback. So far, this move has risen 12.98% without any pullback. Same ballpark, but since the action is taking place later in time, it is "further to the right" on the charts, therefore, it is doing more serious technical damage.