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 (11559)4/11/2002 12:28:14 AM
From: J.T.  Read Replies (2) of 19219
 
Rydex Total Assets Update for Wednesday, April 10th, 2002:

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

Money Market 1.326 BILLION

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

Regular Series: (100% Correlation to Index (Nova 150%))

SPX Long - NOVA 274.5 Million**BULLISH
SPX Short- URSA 244.1 Million**BULLISH
NDX Long - OTC 751.5 Million**BULLISH
NDX Short- ARKTOS 127.6 Million**BULLISH


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

Dynamic Series: (200% correlation to Index)

SPX Long - TITAN 191.8 Million**Near All Time High
SPX Short- TEMPEST 162.8 Million**BULLISH
NDX Long - VELOCITY 175.1 Million**BULLISH Lowest Close Since 03/01/02
NDX Short- VENTURE 182.8 Million**BULLISH Highest Close Since 03/1/02

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

Sector Funds:

XAU Precious Metals 67.1 Million
XOI Energy 43.5 Million
OSX Energy Services 92.4 Million**BEARISH Double Overbought
BKX Banking 44.0 Million
BTK Biotech 242.3 Million**BULLISH
RUT 2000 - MIKROS 182.6 Million**Near All Time High
RLX Retail 37.5 Million**BULLISH Oversold
Telecommunications 4.8 Million**BULLISH Double Oversold

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

Last night, rydex sentiment read had telegraphed that a reversal was imminent.
Tonight, we see skepticism in NDX rally as Rydex Regular
NDX TA Funds barely budged. More importantly, Total Assets
in the NDX Double your pleasure leveraged funds did just
the opposite of normal market behavior. Dynamic NDX Long Velocity
TA decreased and NDX Short Venture TA increased. We are
now going to see leadership change and NDX is going to take
the baton from RUT 2000 Mikros and Energy Services OSX
(among others) and outperform the market dead ahead over
the next few weeks at a minimum.

Regular Series: 100% Long NDX OTC
Dynamic Series: 100% SPX Long TITAN

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