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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (3041)5/18/2000 8:01:00 PM
From: J.T.  Read Replies (2) of 19219
 
Rydex Total Assets Update for May 18th:

SPX Long - NOVA 538 Million
SPX Short- URSA 392 Million

NDX Long - OTC 2.819 BILLION
NDX Short- Arktos 156 Million

** NDX Long gets in to desired ballpark of 2.8 Billion we were looking for last night:

...<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>..

If we get trade number remotely in line with market expectations, I think BEARS will have a very unpleasant squeeze surprise rally tommorow...

Best Regards, J.T.

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