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The chart attached is from sentiment
trader.com.
A small excerpt below from 21st
century
written by David Nichols about
the chart this am. <FONT
face=Arial size=2>(I'm not
a subscriber, but occasionally he sends them to
prior trials).
Rhonda
In the short-term, the traders at Rydex have become very anxious that the
train is leaving the station without them. At SentimenTrader.com -- now
available to 21st Century Alert subscribers -- Editor Jason Goepfert has a nifty
indicator that tracks the momentum of money flowing into the bullish and bearish
Rydex Funds. He calls this the "Rydex RSI Spread", and it just hit 100%, which
has it pegged to the limit at a record high reading. This indicates that the
traders at Rydex have switched to bullishness more quickly than any other point
in the bear market.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=hbernst963@xxxxxxx
href="">hbernst963@xxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, March 19, 2003 12:39
PM
Subject: Re: [RT] possible path
In a message dated 3/19/2003 11:50:45 AM Eastern Standard
Time, guilbear@xxxxxxxxxxxxx
writes:> Sentiment especially> in Rydex Traders is showing a
little> too much happiness and euphoria for nowWhat are you
looking at with regard to the Rydex traders?To
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Attachment:
rydex_rsi.gif
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