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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (19052)3/14/2006 10:26:23 PM
From: Kirk ©  Read Replies (1) | Respond to of 19219
 
Check out these two charts of Rydex Nova/Ursa Ratio vs. SPX for the past year.

investment.suite101.com

It pretty much agrees with my bulls over bulls plus bears chart that called a bottom last Wed. (I sent a copy to my mailing lists..)

This is pretty amazing to see sentiment still going down as the makets are at nearly 5 year highs. Rally is probably just getting started.

Nice work to get off the dark side just before it turned up.

Kirk