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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2972)5/17/2000 11:11:00 PM
From: J.T.  Read Replies (1) of 19219
 
Rydex Total Assets Update for May 17th:

SPX Long - NOVA 577 Million
SPX Short- URSA 421 Million

NDX Long - OTC 3.037 BILLION
NDX Short- Arktos 133 Million

Money Market 1.210 BILLION (yesterday 970 Million)

What a dramatic shift in assets a day makes... in the SPX Long/Short Ratio.

I think the NDX 100 Long (OTC) needs to get down to 2.8 Billion area (2.6 Billion area and I know fear has returned) - Maybe 1 more down day will do it.

napoopoo - Dynamic Funds still not up and running yet... Don't have exact date but soon I hear.

Best Regards, J.T.
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