WF take note:) That is important AI, thank you!
AI said >>The final surge, in both price and volume, in the NDX, NASDAQ, and SOX appears to be related to the rebalancing of the Russell 2000 Index that occurred at the close on Friday.>>
I however am confronted with a major problem, i have measured rate of positive increase in CashFlow in Rydex Bull plus sector (going back back to March 1998) in the last about 30 days time, and the positive increase in CASHFLOW the past month has been 18%, the only times that beat this rate of increase was October 1998 at 25%, October 1999--a bit over 30%. And March 2003, about 20%.
Also measuring asset value of Rydex BullFunds+sectors versus cashflow and an eyeballing interpretation is people have been pouring money into this market, as cash flow is at an all-time high.
In March to 2000 at the peak cashflow had risen to 4500 as assets had hit about 7000.
Now assets are about 4029 and cashflow is 5560.
This remains, imo, explosive, meaning we are topping OR we are on the edge of a BullManiaStampede.
I am going invest another 1k dollars in a way out of the money hedge just in case.
i will see if the Aug41QQQcalls are still at 10cents on Monday as i feel IF we have true bull ballistic post FOMC mania those calls could hit 1.5 bucks at some point in the next 30days.
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
AI
