Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: J.T. who wrote (5244)	11/11/2000 3:42:54 AM
From: leum	Read Replies (2) \| Respond to of 19219

J.T., hello from Rockford! My wife and I love Madison. I pulled the trigger on Thursday and went to cash after Daley's comments. With multiple indices teetering close to their support, it did not take much gray matter to see how external passions would provide the cement overshoes to this market. All the market needed was a push, which Daley provided. My best friend and I have been an avid reader of your posts and analysis over the last year, and we are very impressed at your accuracy. Your insights are now a "must read." We rarely post, but we are always here. Thanks for all your imput, for it has become a variable in our decisions. Dave Leum

To: J.T. who wrote (5244)	11/11/2000 7:01:30 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 19219

"Liquidity and Markets: This Time It's Different" By Joseph Carson Today the trend in liquidity flows is decidedly weaker than in 1998. Indeed, in September the year-to-year gain was estimated to be 2.5%, the weakest gain in five years. Even more troubling is that liquidity flows have been stagnant since the beginning of the year -- the weakest nine-month stretch since 1994. Moreover, if current trends extend through yearend, the liquidity index would show no growth over a 12-month span for the first time since 1991.... The upshot of all of this is that the economic fundamentals -- and thus the concerns of policy makers -- in the autumn of 2000 are dramatically different from those of 1998. Indeed, liquidity flows are slowing quickly and energy prices are rising fast, the reverse of 1998. As a result, policy makers are unable to lower rates to cushion the economy and the financial markets as they did in 1998. For these reasons it is easy to see that the coming year will not repeat the happy outcome of 1999. Copyright © 2000 Dow Jones & Company, Inc. All Rights Reserved. URL for entire article: interactive.wsj.com

To: J.T. who wrote (5244)	11/12/2000 9:48:22 PM
From: David Lee Smith	Respond to of 19219

J.T., I completely agree. The MomentuMonkey Indicator continues to say SELL. The MomentuMonkey continues to say SELL. For information on the MomentuMonkey model click on the following link: www7.bcity.com I do not see a short squeeze coming as many others do. I don't see that much short. There still remains too much optimism. It's amazing!!

To: J.T. who wrote (5244)	11/14/2000 2:40:47 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Monday, November 13th: Regular Series: SPX Long - NOVA 414.2 Million SPX Short- URSA 253.2 Million NDX Long - OTC 2,290 BILLION NDX Short- Arktos 96.9 Million XAU Precious Metals 23.2 Million Biotechnology 636 Million Money Market 1.496 BILLION ******************************************* Dynamic Series (200% correlation) SPX Long - TITAN 36.0 Million SPX Short- TEMPEST 23.4 Million NDX Long - VELOCITY 92.3 Million NDX Short- VENTURE 29.3 Million ***************************************** 1)We have finally capitulated in the SPX Long Funds. Look at Dynamic SPX Long TITAN shaved in more than half from Friday's total asset close. NOVA confirms this as we rarely get at/below 400 million in total assets. 2)NDX Long OTC has also confirmed capitulation as total assets closed below 2.4 billion back to back for the first time since last year. 3)Money Market still not above 1.6 Billion, but BTK got whacked for a decrease of 100 million in total assets. ********************************************** For tomorrow, do not be surprised if we gap up at the open, potentially go back and retrace most if not all of the gap, move back higher again... and where it goes from there is a flip of the coin- For the market to do bidding for me tomorrow- (it rarely does)- I would like to see a second close below COMP 3,000 tomorrow combined with SPX closing above todays intraday lows of SPX 1,328. Why? This would be the perfect set-up for complete capitulation in total assets rydex funds at tomorrows close after the bell. If this scenario plays out, I will go long prior to the close tomorrow (Tuesday)in both the NDX and SPX for a hard 1-2 day relief rally in rydex. Right into Mr G. fed meeting on Wednesday. Best Regards, J.T.