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To: skinowski who wrote (120757)6/21/2005 3:31:46 PM
From: Shack  Respond to of 209892
 
That's the thing. That was the first time they had ever been right for as long as they were. But that ratio rarely gets below 5-1 short, even during the massacre in 2002 it wasn't that much lower than where it is now.

Just a clue for me that a macro downtrend is unlikely.



To: skinowski who wrote (120757)6/21/2005 4:03:21 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
You see where the VXN hit just before the close???