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: J.T. who wrote (7020)3/6/2001 8:49:26 AM
From: J.T.  Read Replies (2) of 19219
 
Rydex Total Assets Update for Monday, March 5th 2001

Regular Series:

SPX Long - NOVA 349.8 Million**near new 52 week low
SPX Short- URSA 235.3 Million

NDX Long - OTC 1,419 BILLION**near new 52 week low
NDX Short- Arktos 78.8 Million

XAU Precious Metals 59.4 Million
Banking 57.7 Million**3 month low
Biotechnology 420.1 Million
Money Market 1,381 BILLION

*******************************************
Dynamic Series (200% correlation)

SPX Long - TITAN 84.6 Million
SPX Short- TEMPEST 34.9 Million

NDX Long - VELOCITY 134.3 Million
NDX Short- VENTURE 30.0 Million

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

They don't ring the bell at bottoms and say its time to get in. Yesterday it was lowering of earnings estimates and these stocks close up. Today they downgrade CSCO, YHOO and AKAM and all are up pre-market... The seeds of doubt for Bears of beloved crash turn into fear of loss of gain... turn into loss...

Today is MELT-UP DAY.

BKX held BKX 860 yesterday and worked it's way backj to near break-even. TA continue lower. BULLISH. BKX ought to run thru 898-902 by Weds close on its way to BKX 920 for starters.

Rydex Internet index that I never mention near/at an all time low. Capitulation in TA last night. BULLISH

Rydex Electronics index just came off a major low TA-wise on Friday close. ala SOX... BULLISH.

It is Bulls time to pack the punch....

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