I was in on that IPO. Rode it up 15+ bucks, didn't see any fundamentals and sold only to kick myself as I watched it soar higher. It then went bust in a matter of days when it became clear it was a money laundering front. My first bubble.
Let me explain my comment. Your earlier chart and the one to which I responded showed the Rydex ratio. You said the low ratio in March was the signal to go long. The chart showed that as of September, a new and significant low was made. That's all I meant. If your comment was based more than one posts, I apologize, I did not see them before. Divergences are helpful, and there were a few bullish divergences on the SP between July and September