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To: skinowski who wrote (123128)8/19/2005 5:30:42 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Thanks for that link ski. The RYDEX ratios are becoming old news around here of course but is still relevant to my thinking that we will be going higher, and maybe much higher. We are all of 25 points off the 4 year highs on the SPX and the NOVA/URSA ratio is at 0.19, that's more than 5 to 1 short! Meanwhile my 10-day all-exchange EPC ratio remains at 0.75, very high. Carl's analysis is obviously showing similar implications.