January 31, 2007

The chart below from Decision Point shows the S&P 500 Index on an unweighted basis, as tracked by the Rydex RSP ETF. Note how we've been in a steady bull market, with all time highs in the unweighted S&P index. Only the weighting of the stocks has kept the cap weighted version of the index beneath its prior bull market highs in 2000. ................
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