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

To: J.T. who wrote (4883)	10/11/2000 2:26:47 AM
From: y2kate	Read Replies (1) \| Respond to of 19219

Hi J.T., I haven't posted here in a while but I lurk regularly...! I noticed that you covered your BRCM short- I was considering getting some puts on it or JNPR tomorrow- both look like they've made head and shoulders patterns on the chart-any thoughts? Thanks, Kate

To: J.T. who wrote (4883)	10/11/2000 3:40:34 PM
From: J.T.	Respond to of 19219

Rydex... I have switched 50% Long to NDX OTC and remain 50% in XAU at tonights close from XAU.. Looking for a one day hard bounce tomorrow... Best Regards, J.T.

To: J.T. who wrote (4883)	10/11/2000 11:58:04 PM
From: J.T.	Respond to of 19219

no rydex update until tomorrow... numbers not yet available. Best Regards, J.T.

To: J.T. who wrote (4883)	10/13/2000 3:10:13 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Thursday, October 12: Please note: rydex did not post weds closing figures and hence no update. I will attempt to get weds close #'s tomorrow. Regular Series: SPX Long - NOVA 341.2 Million SPX Short- URSA 313.9 Million NDX Long - OTC 2,335 BILLION NDX Short- Arktos 144.5 Million XAU Precious Metals 27.8 Million Biotechnology 548 Million Money Market 1,560 BILLION ********************************************* Dynamic Series (200% correlation to index) SPX Long- TITAN 85.0 Million SPX Short- TEMPEST 14.0 Million NDX Long - VELOCITY 67.5 Million NDX Short- VENTURE 73.7 Million ********************************************* 1)NOVA -has clearly capitulated and this is exactly what should happen when fear takes over. 2)URSA -notice how the assets are not rising yet which is absolutely amazing. WHY? Because investors don't want to play fool and switch to short side at the exact moment that the market is gona bounce hard... Maybe the longs never thought that it is possible that we could get 8 weeks of relentless protracted selling and we are only nearing the end of week 6.. Is it possible//> 2 more weeks of "playing the fool??/ just a thought... 3)NDX Long OTC has capitulated thru key asset level 2.4 Billion today at 2,335 Billion. First, I am more eager to get yesterday's closing numbers to see if it closed below 2.4 or not. Why? I want to know if it is a one day false break or we get the second day back to back below this level that validates the first below 2.4 billion. Onward ho to NDX 2,750 intraday low before the bounce... But do we go up first before we reach our ultimate nearterm objective.. Only Mr Market has the answer... 4)NDX Short Arktos will validate NDX OTC capitulation when assets grow above 180 million. It hit a peak in assets at 179 million on may 23rd when NDX closed at NDX 3,023. Today we closed at NDX 3,004.45 - a lower close than the may 23rd close. On may 24th the market bounced to close at NDX 3,180... Now you know why tomorrow is extremely important to hold for the Bulls case to hold water... 5)XAU Precious Metals assets DID NOTHING. Still below 30 million this is amazing in light of Middle East tensions and dollar 2 week low against the yen.. THIS IS EXTREMELY BULLISH FOR GOLD AND XAU AS THE PUBLIC DOESN"T BELIEVE A RALLY IS IMMINENT OR WILL FOLLOW THRU. Gold Bulls have had the rug pulled out from them so many times and for so long -only 20 years from the high that they have become the laughing stock... Not this time... NO MAS.. onward and upward... 6)Dynamic SPX Long Gamblers anonymous meeting was held and it fell on deaf ears.. Incredible that they stayed long at a 6 to 1 clip long... Double up those losses again for SPX Long TITAN. This is the only index that needs to budge for us to be sure the last straws are getting tossed in the fire of loss.. 7)NDX Long/Short still inverted and this is validated by the OTC break below 2.4 Billion. NDX wanted to rally hard this morning and it did out of the blocks as it opened 75 points higher but when the cowardly kamikaze suicide attack on USS Cole news hit and ME tensions hit the airwaves the rally was dead in its tracks. I moved back to 100% XAU Precious Metals before the cutoff. Best Regards, J.T.

To: J.T. who wrote (4883)	10/16/2000 1:52:47 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Wednesday, October 10th: please note: I am putting up weds rydex numbers that were not available until friday after I called rydex to get the data. So I will post weds thurs and fri numbers in succession now (thurs I will cut and paste from previous post) Regular Series: SPX Long - NOVA 379 Million SPX Short- URSA 314 Million NDX Long - OTC 2,440 BILLION NDX Short- Arktos 135.1 Million XAU Precious Metals 26.2 Million Biotechnology 580 Million Money Market 1,516 BILLION ********************************************** Dynamic Series SPX Long - TITAN 77.5 Million SPX Short- TEMPEST 12.8 Million NDX Long - VELOCITY 61.0 Million NDX Short- VENTURE 74.8 Million ********************************************* The most important aspect of these numbers for me is NDX Long OTC did not break the critical 2.4 Billion level in assets - but it came close... With the benefit of hindsight, we now know Thursdays close below 2,4 Billion was a 1 day false break... Notice how NDX closed at NDX 3,100 and this coincides with otc long fund holding 2.4 billion... there is a method to this rydex madness... Best Regards, J.T.