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

To: J.T. who wrote (6047)	1/12/2001 3:42:20 PM
From: J.T.	Respond to of 19219

Rydex. I have switched back to 100% XAU Precious Metals before tonights close. Tuesday is a tricky swing day for long/short. Sorry this is a tad late. Best Regards, J.T.

To: J.T. who wrote (6047)	1/13/2001 3:27:30 AM
From: J.T.	Read Replies (3) \| Respond to of 19219

Rydex Total Assets Update for Friday, January 12th 2001: Regular Series: SPX Long - NOVA 405.0 Million SPX Short- URSA 214.2 Million NDX Long - OTC 1,969 BILLION NDX Short- Arktos 60.9 Million XAU Precious Metals 27.0 Million Banking 156.7 Million Biotechnology 440 Million Money Market 1,061 BILLION ******************************************* Dynamic Series (200% correlation) SPX Long - TITAN 98.9 Million SPX Short- TEMPEST 21.1 Million NDX Long - VELOCITY 160.0 Million NDX Short- VENTURE 23.0 Million ******************************************* The tug of war continues and today the Bears come out on top. XAU gains back 1.5% of its 2% loss the prior day and XAU is now set up well for the breakout and jackhammer thru XAU serious band resistance XAU 53-55 above the 200 day MA 52.16 right into the new moon on/near Jan 24th. Target XAU 56.50-56.90 level. Total Assets in XAU Precious Metals still at paltry levels. BULLISH. BKX again tests and holds support XAU 898 to close at BKX 909.37 down 22 down 2.4%. Banking TA getting dangerously complacent as money did not budge and is sitting right underneath an all time high. I believe we are going to break support on the 3 strikes and your out rule and go back and test new lower support at BKX 860 the close on December 20th and right on the 50 day MA BKX 862.08. BEARISH. Total Assets in all Short Bear Funds at ridiculously low levels and banging on new 52 week lows. On deck next week: The moment of truth. A slew of earnings reports on deck next week Tuesday thru Thursday including: Tuesday, 1/16: many banks like C, WFC, BAC, BK and numerous regional banks. Pay close attention to profit margins here are they shrinking or expanding... guidance going forward does it validate recession fears or are we getting out of the muck... The BIGS INTC, AMD, and other notables AMCC and ABT. Wednesday, 1/17: GM, JPM, AAPL, ITWO, KLAC and XLNX among others. Thursday, 1/18: The Bigs MSFT, SUNW, NT, EBAY, and other notables UTX, BMCS, CMRC, EMLX, INKT, IDTI As for today's results off of Thursday after the bell reports we had 4 down that bit the bullet and 1 up jackpot winner the notables: RMBS - 8.0% GTW - 7.9% ARBA -18.9% CREE - 7.9% DCLK +31.1% Next week...It is put up or shut up time fo da Bullz... Best Regards, J.T.