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To: mishedlo who wrote (79399)	8/19/2003 10:19:18 PM
From: Shack	Respond to of 209892

Yeah I don't tend to follow Rydex except at extremes. But the bottom line is major tops have not occurred until we get at least SOME money out of those bear funds, that's just what history has told me Mike. Maybe this time is different but then again here we are again making new highs. As for it being a small part of the market, of course it is but its still a decent sampling. Edit-I should note that sentiment analysis is far behind the charts in terms of what I look at. I bring it up for those who think that everyone is bullish, it is not supportive of this notion.