II Survey and Rydex Traders

The Investors Intelligence survey is out and has reached a new extreme with 53.4% bulls and 15.9% bears. In addition, Rydex traders are holding the largest ratio of long positions to short positions in over seven years. I am very tempted to add to my shorts but am debating waiting until after Intel reports. We could see a final gasp higher. That said, risk is very high and I will let readers know what I am doing once I decide.

3 comments:

Anonymous said...

Who are Rydex Traders?

Tsachy Mishal said...

Its a mutual fund company that allows traders switch positions every day. They report the positions every night.

Anonymous said...

Where I can see this positions?