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otraque

01/09/04 2:59 AM

#5415 RE: was Steve #5414

Total Rydex assets are now just short of doubling what they were at their post bubble lowest in September 2001--we have gone from 4000 to above 7800 and now are only 700 short of the alltime high 8500 in March 2000.
Given the price levels in September 2001 we can see there has been immense amounts of new money put into the market since this bubble first collapsed.gd
p.s. Rydex MoneyMart and implied MM has dropped from 2000 to 1313 in less than 6-months, any break below 1240 would signal a full blown mania in play,imo.

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otraque

01/09/04 3:10 AM

#5416 RE: was Steve #5414

Steve what do make of the homebuilders sell-off severely, more than any Dow sector watch. It plunged 4.5% today alone.