Looking for a nuance, something that signals bottom in Rydex bear assets(now at 1177).
This is what i see, the descent the past 2/3weeks has been a steady about 45degree incline--it went up friday and down today.
Looking back the far most common bottom in RYDEX bear assets is an estimated 70-89degree sharp incline -- a quite distinctive pattern on the chart(back into 1998).
So this is what i myself want see.
Plunges can go near directly to 1000 or even 750.
Caveat, we could hit 750 and flatline; that is the worst case scenario. gd
p.s. RYVNX cash flow was -4.5 million after having a 3 day previous +13million cash flow.
Assets now 358, were 372 on close friday.
He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque