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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (130560)	3/10/2006 6:31:03 PM
From: chainik	Read Replies (1) \| Respond to of 209892

Coming back to Rydex data, here is a brief article on their interpretation - whether they should be used as "divergence tool" (Swenlin) or as "contrarian gauge" (Schaeffer) According to this guy, initial decline in enthusiasm is not good, because it signals risk aversion. IMO that's what we are seeing now - the indexes are holding reasonably well, but Googles, Apples, QQQQs, SMH etc are doing poorly. minyanville.com