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

To: J.T. who wrote (5575)	12/13/2000 12:51:06 PM
From: David Lee Smith	Read Replies (1) \| Respond to of 19219

J.T., Sad moment in U.S. history. The MomentuMonkey indicator is upgraded to NEUTRAL from NEGATIVE. New price target is 1348, 1.6% lower than 1369.07 at 11:36 CST. Both Valuation and Momentum indications have been upgraded to NEUTRAL. I am still 100% in Pro Funds Ultra Bear because the MomentuMonkey target is still negative and as you can see, we teeter back and forth between SELL and NEUTRAL. This indicates a trendless market with a bias to the downside. Should this bias turn into a trend (hopefully down), then the SELL indication will be more consistent. Best wishes, David

To: J.T. who wrote (5575)	12/13/2000 3:32:49 PM
From: J.T.	Respond to of 19219

Rydex Update: I have moved 50% from SPX Short URSA to 50% Long SPX NOVA at tonights close for a 1-2 day counter-trend bounce. I have remained in 50% XAU Precious Metals Fund I am locking in gains in SPX Short Fund before tonights close. I did not bite into this "honeymoon as it is nowhere in sight today. Alas, tomorrow is another day... Back late tonight. Best Regards, J.T.

To: J.T. who wrote (5575)	12/14/2000 1:39:15 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Wednesday, December 13th: Regular Series: SPX Long - NOVA 443.7 Million SPX Short- URSA 247.9 Million NDX Long - OTC 2,215 BILLION NDX Short- Arktos 96.1 Million XAU Precious Metals 44.1 Million Biotechnology 561 Million Money Market 1,041 BILLION ******************************************* Dynamic Series (200% correlation) SPX Long - TITAN 76.1 Million SPX Short- TEMPEST 11.3 Million NDX Long - VELOCITY 153.1 Million NDX Short- VENTURE 25.2 Million ******************************************* Buy the rumor sell the news knocks out the Bull but for a day. It was already baked in the cake the Bush victory and now the fair weathered Bulls have been bamboozled and to the sidelines or locked in losses. I don't think I have ever seen this kind of reckless shellacking by the market as I have seen in the last 9 months. Now look, money market is back above 1 billion and the long funds have let a little hot air outta the balloon. Now the roles are reversed to keep the Bulls in the game you have to let them have a cow or two for a day. And if we are nice they get two days to roughshod. But then its lower we go... When da bull is hot and bothered I sell it when they load up and when da bull is distant and in quandary I buy it but will not elope with da bull. Now tomorrow we let da bull run. 50% Long SPX NOVA Fund and Long 50% XAU Precious Metals Fund Best Regards, J.T.