tag:blogger.com,1999:blog-3310402797768514899.post8799169693703189968..comments2023-11-05T03:39:11.575-05:00Comments on The Technical Take: Investor Sentiment: Happy Thanksgiving!Guy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3310402797768514899.post-39473719135696028972009-11-25T03:03:28.982-05:002009-11-25T03:03:28.982-05:00Just a quick note on the Rydex data for Tuesday, N...Just a quick note on the Rydex data for Tuesday, November 24.<br /><br />Rydex is reporting assets of -$5.27 Mil for the Inverse Nasdaq-100 2x fund compared to assets the previous day of $76.5 Mil. The negative asset value for this fund has skewed the Rydex ratio to an extreme reading of 2.68.<br /><br />To the extent that the Inverse Nasdaq 2x assets are understated, the ratio is overstated and its extreme reading should be disregarded.Johnny G.noreply@blogger.com