From: Turtles_win | 1/7/2013 10:26:52 AM | | | | This chart says it all for me.
schaeffersresearch.com
This is beyond belief. This ratio of Rydex long SP500 to short SP500 fund assets is a very sensitive short term sentiment indicator. Normally when the market soars, it soars. LOOK what is happening now. The market is sky-rocketing and it is flat to down. Speculators are not buying into this rally. Not at all. Once that happens, then it will be time for a short-term correction, but not yet. |
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To: Joe Calhoun who wrote (78574) | 1/7/2013 11:21:48 AM | From: rdkflorida2 | | | PremaBear guy turning bullish?? Oxymoron? LOL! If he's going bullish maybe we should be contrarians, at least until cheif's birthday. All my friends are selling. Just spoke with one this morning that wants to get out while he has profits. I say "Hail to the Cheif". RDK. |
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To: da_cheif™ who wrote (78576) | 1/7/2013 11:28:50 AM | From: Turtles_win | | | Amazing. But you sure seem to be right. I'm pretty much of a nervous nellie. I need to change that and just stick with this long term bull or I am going to be very sorry. Nervous nellie worked for me to avoid the 2008/2009 mess, but it is not working the last year or so and I don't think it will be working for the next 10 years. I'll have to be long most of the time , probably 80% or 90% rather than the reverse, going forward. |
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