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

To: bobby beara who wrote (4174)	8/22/2000 2:43:55 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

bobby, good to see you didn't get schwanked off S.I. Much of this stuff that goes on is quite petty at best. Thanks for continuing to post the rydex numbers. i really do appreciate your effort. Not looking for a killer sell signal, just a brief pullback for 2 or 3 days. Did you notice SPX Short URSA is down to a paltry 262 million? If we rally hard into the bell and get SPX up into plus double digit gains, I think we can get under 250 million. Au contrare very short term? It seems, however, that any SPX gains today will be limited at best as we are up +2 to SPX 1,501.60 Best Regards, J.T.

To: bobby beara who wrote (4174)	8/22/2000 9:57:44 PM
From: Joseph Silent	Read Replies (1) \| Respond to of 19219

Bobby and JT .... I hate to seem like such a dimwit... but could you possibly tell us/me how to interpret the data (i.e., make buy/sell signals) that you post each day from Rydex? I've been trying to decipher it but not having much luck. :) Thanks, Joseph

To: bobby beara who wrote (4174)	8/23/2000 2:48:06 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Tuesday, August 22nd (late): Regular Series: SPX Long - NOVA 609 Million SPX Short- URSA 254 Million new low NDX Long - OTC 3,262 BILLION NDX Short- Arktos 106.3 Million XAU Precious Metals 39.8 Million Money Market 1,080 BILLION ************************************************* Dynamic Series (200% correlation to index): SPX Long - TITAN 48.7 Million SPX Short- TEMPEST 31,3 Million NDX Long - VELOCITY 59.9 Million NDX Short- VENTURE 37.4 Million *************************************************** Yesterday I mentioned we had room for one more hard pop up on the NDX and SPX and it looks like we are going to get it. NDX I would like this close over NDX 3,900 before we pull back and SPX up double digits for the rug to get pulled on the capitulated late comers for 2 to 3 days and it looks like this will materialize. NDX is now at NDX 3,885 and SPX is +6.70. Notice yesterday I mentioned assset levels in the SPX Short Ursa Fund need to get below 250 million and we closed at 254 million on a down day. Today ought to show capitulation below 250 million tonight after money capitulates out of the SPX Short Fund and rotates long for the short whipsaw. The2 to 3 day pullback should begin tomorrow, No later than Friday. Enough of a minor scare to put additional seeds of doubt in the market before the next hard move up. Best Regards, J.T.

To: bobby beara who wrote (4174)	8/23/2000 7:30:41 PM
From: bobby beara	Read Replies (2) \| Respond to of 19219

8/23 NOVA 614 URSA 259 OTC 3324 ARKTOS 103 2x BULL 113 2X BEAR 69 CASH 1030 BULL/BEAR+MM 74% OTC/ARKTOS 97% 2X BULL/BEAR 62% NOVA/URSA 70% Precious metal 39.7