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

To: J.T. who wrote (3542)	6/15/2000 11:50:00 PM
From: y2kate	Read Replies (2) \| Respond to of 19219

Hi J.T., The chart on the NAZ COMP looks unusual to me- most of the month of June traces an almost horizontal line, after a gap up. Do chartists have anything to say about such a pattern? I'll check in with you tomorrow. Thanks, Kate

To: J.T. who wrote (3542)	6/16/2000 6:30:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Friday, June 16th: SPX Long - NOVA 533 Million SPX Short- URSA 317 Million NDX Long - OTC 3,320 BILLION NDX Short- Arktos 102 Million XAU -Precious Metals 60 Million Money Market 1,181 BILLION SPX Short Fund has been below 320 Million in assets for 14 straight days. And while 50 million switched short today, I think until we move back above 380 million short, I believe we have further room for pullback. I think bank weakness last few days will spillover into brokers (XBD) and UTIL next week. Have a good weekend. Best Regards, J.T.