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

To: J.T. who wrote (7288)	3/16/2001 10:24:00 AM
From: J.T.	Respond to of 19219

SPX 1,160 level has now been tested twice this morning the intraday low being SPX 1,158.29. SPX 1,160 close I would like to see hold but right now they are slicing thru it. If BKX accelerates down below BKX 840 now at BKX 844 it will be long day for Bulls otherwise we bounce right here. EDIT. BKX intraday low BKX 839.29 and small bounce. This is the level that must hold for Bulls to have a chance for bounce unless A.G. decides to cut rates today. Best Regardds, J.T.

To: J.T. who wrote (7288)	3/16/2001 3:43:20 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex. No change. Remain 100% Long SPX TITAN and XAU Precious Metals. We are below SPX 1,160 right now at SPX 1,152. I will ride the storm into FOMC Tuesday. Best Regards, J.T.

To: J.T. who wrote (7288)	3/17/2001 2:11:32 PM
From: Walt Deemer	Read Replies (2) \| Respond to of 19219

J. T.: As of 2 pm Saturday Rydex is still giving Thursday's total asset numbers on their tape. I'll keep trying, but we may have to wait until you can call their trading desk Monday morning. The suspense builds; did they or didn't they...

To: J.T. who wrote (7288)	3/19/2001 9:25:12 AM
From: J.T.	Read Replies (3) \| Respond to of 19219

Rydex Total Assets Update for Friday, March 16th Regular Series: SPX Long - NOVA 260.4 Millionnew 52 week low SPX Short- URSA 252.8 Million NDX Long - OTC 1,165 BILLIONnew 52 week low NDX Short- Arktos 86.6 Million XAU Precious Metals 32.2 Millionnew 2 1/2 week low Banking 35.5 Millionnear 5 month low Biotechnology 309.9 Millionnew 52 week low Money Market 1,621 BILLIONdouble oversold ***************************************** Dynamic Series (200% correlation) SPX Long - TITAN 58.6 Million SPX Short- TEMPEST 40.9 Million NDX Long - VELOCITY 89.9 Million3 1/2 month low NDX Short- VENTURE 42.6 Million ********************************************* CBOE Equity Index/ Total Put Call Ratio closed at a 1 year high at 1.06 to the best of my knowledge. BULLISH. Rydex NOVA/URSA Total Assets( 260.4/ 252.8) long/short ratio at levels not seen since October 1998 but falls just shy of inversion. SPX closed below my critical support at SPX 1,160 to close at SPX 1150.53. Today we find out if this is a one day false downside break below 1160 or confirmation that Fridays close was valid. Most stringent test the 21 day rsi on spx closed right on oversold 30.77. Many other indices including the DOW, NDX and COMP all below 35 on 21 day rsi. Rarely do these indices get to 30 or lower on the 21 day test. I remain... Regular Series- 100% Long XAU Precious Metals Dynamic Series- 100% Long SPX TITAN Best Regards, J.T.