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

To: J.T. who wrote (6778)	2/26/2001 9:55:12 AM
From: marginmike	Read Replies (1) \| Respond to of 19219

Bought Q @ 62 3'4 this AM, not looking long term. will take 66, if 66 holds 75 at best then I am OUT! Gold stocks making my DAY. I think we have 2-400 pt rally then more down in april. Until options X we shall have some fun on the long side!

To: J.T. who wrote (6778)	2/26/2001 3:22:09 PM
From: J.T.	Respond to of 19219

Rydex. I am locking in Rydex XAU Precious Metals prices before the close and getting today's closing prices. Switch 100% to NDX Long OTC in Regular Series. Remain 100% Long SPX TITAN in double your pleasure Dynamic Series . Best Regards, J.T.

To: J.T. who wrote (6778)	2/27/2001 11:05:14 AM
From: J.T.	Read Replies (4) \| Respond to of 19219

Rydex Total Assets Update for Monday, February 26th 2001 (late): Regular Series: SPX Long - NOVA 404.6 Million SPX Short- URSA 230.3 Million NDX Long - OTC 1,603 BILLION NDX Short- Arktos 70.6 Million XAU Precious Metals 39.2 Million Banking 83.4 Million Biotechnology 425.3 Million Money Market 1,138 BILLION ***************************************** Dynamic Series (200% correlation) SPX Long - TITAN 146.4 Million SPX Short- TEMPEST 26.6 Million NDX Long - VELOCITY 188.8 Million NDX Short- VENTURE 22.6 Million ******************************************* Rydex clean data verified thru trading this morning. I again talked to epperson- I told him rydex accounting getting it wrong on the late night report. He said he is going to talk to accounting personally and see where the error is. I will follow up with him after the close. Rydex data is more valuable the night before not after the market opens the next day. We then become armchair quarterbacks rather running with the lead sled dogs. Yesterday we locked in substantial gains in Rydex XAU. XAU closed up 6.57% to close at XAU 53.53. This morning XAU gaps open to the upside at XAU 54.25 up roughly 75 cents and now the gap is filled and XAU is down 47 cents at XAU 53.06. Rydex XAU Precious Metals TA still extremely BULLISH as TA should be above 50 million at these levels and we are still right under 40 million. Today if XAU is down you might see bargain hunters jump into XAU afraid to miss the next leg up. BKX closed at BKX 894.81 up 25 points and near session highs. Right now we are at prior support now resistance BKX 898 after intraday low of BKX 890 and i-high 905. Look for BKX to take out BKX 898-902 today. SPX Long TITAN is very bothersome as this number spiked from yesterday close. They reported 68 million TA last night and when I called trading this morning this number stood out like a sore thumb 146 million TA. A note on rate cuts and Wayne Angell's call for rate 80% chance of rate cuts this week: Angell has a lousy track record and this call reduces the surprise element and effectiveness A.G. has in reducing rates and a positive impact it would have on the market. A.G. is between a rock and hard place balancing between surprise of when to cut, trying to play catch-up as he is way behind the curve and not giving the impression of panic in the market by cutting aggressively. iMHO, it is best A.G. does nothing this week and wait until next week if he is going to move pre-FOMC meeting on March 20. Money Market levels moving too low too fast. I will most likely book profits at todays close if we finish strong today. If we finish week, I will remain long into tomorrow. Regular Series: Long 100% NDX OTC Dynamic Series: Long 100% SPX TITAN Best Regards, J.T.

To: J.T. who wrote (6778)	2/28/2001 10:30:48 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Tuesday, February 27th 2001 (REVISED): Regular Series: SPX Long - NOVA 345.8 Millionnear new 52 week low SPX Short- URSA 234.8 Million NDX Long - OTC 1,477 BILLIONnew 52 week low NDX Short- Arktos 78.6 Million XAU Precious Metals 51.1 Millionabove 50 mill Banking 68.6 Million Biotechnology 404.7 Million Money Market 1,533 BILLIONoversold ***************************************** Dynamic Series (200% correlation) SPX Long - TITAN 88.6 Millionsignicant alteration SPX Short- TEMPEST 23.7 Million NDX Long - VELOCITY 140.3 Million NDX Short- VENTURE 23.2 Million ********************************************* This Revised data is now verified thru trading. SPX Long TA data significantly different again from last night's posted data. BULLISH.... XAU Precious Metals TA plays catch-up and moves above the 50 million TA level I mentioned in last nights update. Gold Bullion closed right underneath critical resistance the 269 spot level. XAU 2nd close above XAU 53.50 level is BULLISH. It closed at XAU 53.55 up 2 cents. Remember that lead gold sled dog index the JSE Gold index I brought up? This pup has broken out big a break-away gap the last two days JSE closed at JSE 984 and JSE 1,095 respecitvely. Any XAU pullbacks or gold pullbacks should be bought. I would like to see the XAU relieve some of the triple overbought 5 day rsi levels now at 89+... SOX and IIX bottom fishers will most likely come in tomorrow and today could be a one day false break. Rydex Sector Funds Electronics and Internet TA at capitulation levels...BIGTIME SOX 569.22 back above SOX 580 and IIX 221.35 back above IIX 230 tomorrow... Regular Series: Long 100% NDX OTC Dynamic Series: Long 100% SPX TITAN Best Regards, J.T.

To: J.T. who wrote (6778)	2/28/2001 1:13:37 PM
From: J.T.	Respond to of 19219

Rydex Total Assets Update for Tuesday, February 27th 2001 (REVISED 2): Regular Series: SPX Long - NOVA 345.8 Millionnear new 52 week low SPX Short- URSA 234.8 Million NDX Long - OTC 1,477 BILLIONnew 52 week low NDX Short- Arktos 78.6 Million XAU Precious Metals 51.1 Millionabove 50 mill Banking 68.6 Million Biotechnology 404.7 Million Money Market 1,446 BILLIONoversold ***************************************** Dynamic Series (200% correlation) SPX Long - TITAN 88.6 Millionsignicant alteration SPX Short- TEMPEST 23.7 Million NDX Long - VELOCITY 140.3 Million NDX Short- VENTURE 23.2 Million ******************************************* This Revised data is now verified thru trading. SPX Long TA data significantly different again from last night's posted data. BULLISH.... XAU Precious Metals TA plays catch-up and moves above the 50 million TA level I mentioned in last nights update. Gold Bullion closed right underneath critical resistance the 269 spot level. XAU 2nd close above XAU 53.50 level is BULLISH. It closed at XAU 53.55 up 2 cents. Remember that lead gold sled dog index the JSE Gold index I brought up? This pup has broken out big a break-away gap the last two days JSE closed at JSE 984 and JSE 1,095 respecitvely. new*-The negative is that JSE now has 2 gaps that may have to get filled JSE 1,034 - 984.30 and JSE 967.10 - 932.20. This is now weighing on the XAU as it has pulled back to XAU 51.66 down almost 2 bucks Any XAU pullbacks or gold pullbacks should be bought. I would like to see the XAU relieve some of the triple overbought 5 day rsi levels now at 89+... SOX and IIX bottom fishers will most likely come in tomorrow and today could be a one day false break. Rydex Sector Funds Electronics and Internet TA at capitulation levels...BIGTIME SOX 569.22 back above SOX 580 and IIX 221.35 back above IIX 230 tomorrow... Regular Series: Long 100% NDX OTC Dynamic Series: Long 100% SPX TITAN Best Regards, J.T.