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behind-the-matrix
macro market commentary with a technical/astrological bias
THE DOT - if this turns orange or red be alert
Thursday, April 1, 2010
part 3
5. Some serious short covering is going on as even the Rydex proves and has reached a level markets can sell off from ( coming from .38 - lowest level ever probably in FEB ).
Rydex Nova/Ursa Ratio
Date
NAV Adjusted N/U Ratio
3/31/2010
0.805
3/30/2010
0.750
3/29/2010
0.700
3/26/2010
0.680
3/25/2010
0.665
3/24/2010
0.660
3/23/2010
0.624
3/22/2010
0.631
3/19/2010
0.635
3/18/2010
0.642
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