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

To: J.T. who wrote (4460)	9/5/2000 3:18:41 PM
From: J.T.	Respond to of 19219

I am moving out of XAU - Precious Metals at tonights close in Rydex. Will try and tweak out a profit at tonights close. Now at XAU 52.94 up pennies PD deeply overbought and ABX is acting very weak... Look to re-enter after 1-2 day pullback. 100% Cash at close in rydex. Best Regards, J.T.

To: J.T. who wrote (4460)	9/5/2000 11:28:46 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Monday, September 5th: Regular Series: SPX Long - NOVA 657 Million SPX Short- URSA 270 Million NDX Long - OTC 3,414 BILLION NDX Short- Arktos 109.3 Million XAU Precious Metals 38 Million (9/1= 35.9 million) Money Market 1,157 BILLION (9/1= 957 million) **************************************** Dynamic Series (200% correlation to Index): SPX Long - TITAN 45.0 Million SPX Short- TEMPEST 21.9 Million NDX Long - VELOCITY 95.7 Million NDX Short- VENTURE 20.5 Million ***************************************** SPX Long NOVA asset level increases. SPX Short X 2 TEMPEST asset level decreases ON A DOWN DAY.... No fear in the numbers suggest continued downward bent nearterm. Tomorrow we finally take out SPX 1,500 support intraday.. We need further washout play and probe lower supports before we move back up to resistance levels... Best Regards, J.T.