SI
SI
discoversearch

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (67348)11/14/2003 8:45:08 PM
From: mishedlo  Read Replies (1) | Respond to of 94695
 
From Heinz/Trosky

for the first time in a while, i bought index puts today...and i'll probably buy more if we get a bounce next week. the VXO ( formerly known as VIX ) recently dropped below 17, Rydex money market funds plummeted ( the money was shifted into bull funds ) , Rydex bear assets at the low end of their 1-year trading range, and equity p/c ratios looking extraordinarily complacent in all their customary moving average permutations.
lastly, the Rydex bond ratio recently reached a fresh high of over 27 - i.e., Rydex bond timer short positions were nearly 28 TIMES larger than long positions.
that's a red alert...as is the fact that the bond market is now rising on ostensibly 'economy bullish' and 'inflationary' data.
since the bond market knows more than the arm-chair inflationistas, i deduce that the global deflationary freight train is gathering steam again. that won't be good for stocks.