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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (2561)4/20/2000 12:21:00 AM
From: bobby beara  Respond to of 19219
 
i don't know today, but those are striking figures, it don't get any more bullish dan dat, i was buying profunds ultra short on march 8th and march 10th, so i was one of da few.

that was wave 5 top of the bull market, IT JUST DON'T GET ANYMORE BULLISH THAN THAT.

I believe you can comfortably short any tech rallies here because everybody in the world is long tech at the march top and now needs to rebalance their portfolio to something more reasonable, and that doesn't happen in a month.
b




To: J.T. who wrote (2561)4/20/2000 12:53:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
rydex april 19th close:

Rydex OTC (NDX 100 LONG)-2 Billion 988 million
Rydex Arktos (NDX 100 SHORT) 147.7 million

Only 1 Billion wiped out in paper gains - I checked the allocation across the board... it matches up no lie

The bottom line - still too much complacency and not enough fear in the NDX

More downside ahead- I will take notice when arktos climbs above 200 million.

Best Regards, J.T.



To: J.T. who wrote (2561)7/7/2000 11:24:11 PM
From: bobby beara  Read Replies (1) | Respond to of 19219
 
>>>on march 8th close- 3 billion 878 million was long in the rydex otc (NDX 100) and a paltry 110 million was short the NDX 100 rydex arktos fund..<<<

JT, where do you get these figures?

those are staggering numbers aren't they -g-

thanks,
b