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To: Shack who wrote (115924)	4/3/2005 12:04:37 PM
From: steve from ihub	Read Replies (2) \| Respond to of 209892

ill make one comment about that chart from memory of yesterday. the rydex crowd is a great indicator for extremes. the indexes have been moving higher or essentially sideways for quite some time. imo we need an extreme to reset traders brains. drifiting like this will act to limit folks agressiveness. lets get a big dump or big rally to get folks to place their bets

To: Shack who wrote (115924)	4/3/2005 12:36:58 PM
From: orkrious	Read Replies (2) \| Respond to of 209892

man oh man, has whistler been dumped on. I'd just about give my left testicle to live in vancouver right now and be able to head up there for the weekend whistlerblackcomb.com

To: Shack who wrote (115924)	4/3/2005 1:43:13 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

shack, whats interesting about all this bear market talk, is the simple fact that we had clear 5 wave impulse off the low in 02. Which would make whatever now comes as a a-b-c correction before a three of massive dimensions up sometime in late 06 early 07. I have been a strident bear until the wave off the low has clearly dictated that we are in another secular bull, and our about to have another cyclical bear.

To: Shack who wrote (115924)	4/3/2005 9:43:02 PM
From: mishedlo	Read Replies (3) \| Respond to of 209892

The negative divergence at the top of the SPX is the key. These traders should be exuberant at the top, not skeptical. I still say that chart is market bullish. I believe you are overlooking an all time high reading at the dec highs. Why shouldn't a headfake on a secondary blowoff show a divergence? Was there a divergence on the Naz double top in 2000 or not? I think you are waiting for something that is NOT going to happen. In fact, EVERYONE seems to be waiting for a bounve to short. Mish