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Re: Re[3]: [RT] spx daily



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Hello alex
I have started  today at  close with ira money 25%  into
rydex ursa
Ben
----- Original Message -----
From: "Alex Bell" <alex_bell@xxxxxxx>
To: "BobsKC" <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, May 22, 2003 7:18 PM
Subject: Re[3]: [RT] spx daily


> Hello BobsKC,
>
> I am short. To me highest bullish sentiment is a sign of near top.
>
> Best regards,
>  Alex                            mailto:alex_bell@xxxxxxx
>
>
> Friday, May 23, 2003, 3:01:13 AM, you wrote:
>
> B> Bullish sentiment may be high but in fact, shorting is robust and
getting
> B> stronger.  So do we go by what people say or what they do?
>
> B> Bob
>
>
>
> B> At 02:52 AM 5/23/2003 +0400, you wrote:
> >>Hello Mark,
> >>
> >>%Bearish today is lowest since 1991:
> >>
> >>http://www.schaeffersresearch.com/streetools/inv_intel.asp
> >>
> >>". High readings suggest excessive optimism, which typically occurs
> >>when buying strength has been tapped out, and low readings represent
> >>depleted selling strength, and tend to precede market rallies. We
> >>normally view a bullish percentage higher than 55 combined with a
> >>bearish reading lower 30% as bearish for the market."
> >>
> >>
> >>Best regards,
> >>  Alex                            mailto:alex_bell@xxxxxxx
> >>
> >>
> >>Thursday, May 22, 2003, 9:36:17 PM, you wrote:
> >>
> >>MS> You meant "higher high", right ?
> >>MS> Don't underestimate the bulls....they are wildly optimistic right
> >>MS> now.....and holding this market up.
> >>MS> Bull-Bear survey ratio now at the highest point in years....
> >>MS>   -----Original Message-----
> >>MS>   From: none [mailto:profitok@xxxxxxxxxxxxx]
> >>MS>   Sent: Wednesday, May 21, 2003 10:40 PM
> >>MS>   To: realtraders@xxxxxxxxxxxxxxx
> >>MS>   Subject: Re: [RT] spx daily
> >>
> >>
> >>MS>   Hello
> >>
> >>MS>   I am with you  that  there is a high probability that we make a
> >>lower high
> >>MS> tomorrow or Fri. and then  collapse
> >>MS>   Ben
> >>MS>     ----- Original Message -----
> >>MS>     From: Rhonda Guilbeaux
> >>MS>     To: realtraders@xxxxxxxxxxxxxxx
> >>MS>     Sent: Wednesday, May 21, 2003 7:37 PM
> >>MS>     Subject: [RT] spx daily
> >>
> >>
> >>MS>     Last quarter's candle waist 882.
> >>MS>     right at the 200 dma area.
> >>
> >>MS>     Higher support..at the 898 area.. (near the rising 50dma)
> >>MS>     Wouldn't  be surprised to see this price level tested.. and also
to
> >>MS> hold, initially
> >>MS>     anyway.
> >>MS>     if not, 867-882 looks to be a good higher support area.
> >>MS>     Breaking above last weeks highs and more important
> >>MS>     953-955  then I am incorrect in my assessment  that last week's
> >>MS>     high is "semi" important and perhaps
> >>MS>     a slightly stronger pullback than what
> >>MS>     we've seen thus far coming off the
> >>MS>     March higher low.
> >>
> >>MS>     Tend to think any high made latter week
> >>MS>     will be a lower high than last weeks
> >>MS>     high as
> >>MS>     last weeks low was broken below.
> >>MS>     I do
> >>MS>     Best,
> >>MS>     Rhonda
> >>
> >>
> >>
> >>
> >>
> >>
> >>
> >>
> >>
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> >>
> >>
> >>
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> >>
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> >>
> >>
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