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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (3242)5/23/2000 10:45:00 AM
From: J.T.  Read Replies (2) of 19219
 
Rydex Total Assets Update for Monday, May 22nd:

SPX Long - NOVA 439 Million
SPX Short- URSA 359 Million

NDX Long - OTC 2.650 BILLION
NDX Sort - Arktos 168 Million

Money Market - 1.613 BILLION

Cash continues to higher levels and I don't like to see decrease in SPX short levels over the past several days as the market meanders listlessly lower. Absence of conviction in buyers is more and more evident and troublesome. Everybody waits for panacea in marketplace. None coming to forefront just yet...

Best Regards, J.T.
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