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otraque

11/08/04 11:26 AM

#21005 RE: was Steve #21004

i haven't checked lately, it is about time that i do.
i will report when i get to it,steve,
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otraque

11/09/04 12:16 AM

#21045 RE: was Steve #21004

Looking at Rydex charts now: Cumulative CashFlow Bull+sector has been virtually upward parabolic about 14days, but was minus 1.24 today for a reading of 5827.91, this the highest reading ever not counting 11/5) just breaking above previous highest reading at just about 7/2/2004.
Following July start it hit a low of about 4800 near end of July.
Now for their new ratio but it has been calculated backwards to the spring of 1998.
The Cashflow Ratio, formula is BearCFL + MM / BullCFL.
It is presently 00.72, eyeballing looks = to beginning July this year, but a bit higher than 00.70 area of this January.
The low points on this ratio have been tending higher and higher since the blowoff in 2000.
I will say if it is to break down to say 00.68 it will be the first definitive break from higher lows and we are going into blow-off territory.
If we were to see less than 00.50 we are near a CRASH in my 'UMBLE opinion:)
Anything at 00.68 area is a mixed signal--on one hand it breaks higher lows trend(Bullish) but is moving into blow-off major collapse levels.
Based on past pattern we should sell-off NOW, but my gut is saying no.:)
That my is analysis of their new CFL analysis.
Get to others ratios later. Welles.