Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: byhiselo who wrote (17472)	7/8/2003 4:17:13 PM
From: J.T.	Respond to of 19219

We have had a tremendous run off the March lows. And yet there is still more room to run into the end of 2003. Once left for dead, Rydex this year has been one of the best lead sled dog indicators projecting higher prices in the face of FUD (fear uncertainty and doubt). Maybe tonight we might get our first real whiff of Rydex capitulation by the shorts. But then again, any market pullback has brought in a brinks truck of new money into Bear Funds. Holding on for the ride up is no easy task as we just grind higher and higher. Upside capitulation blow-off dead ahead?