Profunds index and sector trading

[otraque]

PT rydex players are pouring money INTO the the Venture ultrashort, 35 million positive cashflow in the last 3days while pulling money out of the ultralong Velocity fund with 45 million negative cash flow in the last 2days.
Bear/BullFund overall ratio has dropped to a critical 0.43--the same point where it then dropped all the way to less than 0.2 in 1999/2000.
We are getting very near---something will have to break.
I am beginning to feel the sell-off will be deep then a ferocious rally.
Why? Money extracted will wait to re-enter,imHo.
I could be a 15% drop before the fresh money rushes in or back in(well worth an IT play and then flip). NDX 1300 would seem doable once this breaks.
I am still for now, seeing mutli-year highs set sometime before June and one can then go looongterm in bear fund--that being well into 2005(hopefully for plus 12months)
Note, cumulative CASHFLOW as been steadily ascending since after Mid April, with the vast bulk of positive cashflow being between mid -April and early July( a lot of people caught)