Replies to post #13519 on Profunds index and sector trading (PRO)

[otraque]

NetCashFlow positive into Rydex Bull Funds and sector funds have been heavy and hard--Major Bullish sentiment inplay--strongest move i can see on the 3 year chart.
The inflow the past two days has been parabolic and driven net positive to highest level net positive in at least 3 years and has broken the high of January 2004.
In terms of sharpness of move ONLY the commencement of the March 2003 rally equals.
At the same time implied MM assets have plunged in sharpness comparable to plunge at commencement of March 2003 rally.
Market is now apparently tuned out Iraq, it is not a factor lately.
They were right in March 2003 jumping in bigtime, are they now???
As i said many times before my short position stays in place as i have as much as a 2 year view.
But if we go on a rocket ride the hard part will be the decision where to escalate my short.
Market i feel is anticipating with complete confidence Fed will raise but 25basis points next week.