SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (4704)9/27/2000 11:32:40 PM
From: J.T.   of 19219
 
Rydex Total Assets Update for Wednesday, September 27th:

Regular Series:

SPX Long - NOVA     442     Million
SPX Short- URSA     293     Million

NDX Long - OTC      2,924   BILLION
NDX Short- Arktos   136     Million

XAU Precious Metals  40.2   Million
Money Market         1,743  BILLION

*************************************************

Dynamic Series (200% correlation):

SPX Long - TITAN      55.1   Million
SPX Short- TEMPEST    32.9   Million

NDX Long - VELOCITY   82.4   Million
NDX Short- VENTURE    60.7   Million

***********************************************

The SPX and NDX held up relatively well in the face of an ugly day as SPX closed down less than 1 point and NDX closed down 11 to NDX 3,571 to break NDX 3,580. NYSE advances led declners but it is the break in IIX down 2.5% to close at IIX 502.51 and meltdown in Priceline that spilled over into Yahoo - a big negative.

SPX 5 day rsi still below double extreme oversold @ 15.05.

Still no inversion in Dynamic series and this is bearish for bulls. URSA still below 300K in assets is disturbing.

XAU was a monster today as it closed up almost 4% to XAU 50.90 from yesterday close XAU 48.99 up 1.91. Gold bullion up $4.60 on the strengthening Euro and bs bls cpi statistics.

I have move to 50% XAU Precious Metals and still 25% NDX Long and 25% SPX Long - looking for the bounce from extreme oversold levels... long but XAU too tempting to miss this leg up... bls double counting excuses ought to be a doozie tomorrow.

I blew out of QCOM at 73 1/4 today on the NDX 3,580 break for 10+ points. Will look to re-enter under calmer conditions.

Best Regards, J.T.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News