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

To: J.T. who wrote (7400)	3/23/2001 2:06:55 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Thursday, March 22nd: Regular Series: SPX Long - NOVA 245.1 MillionNew 52 week low SPX Short- URSA 266.2 MillionINVERSION continues NDX Long - OTC 1,194 BILLIONnear new 52 week low NDX Short- Arktos 81.1 Million XAU Precious Metals 23.9 Millionnear 52 week low(Oct 18= 22.6) Banking 28.3 Million5 month low Biotechnology 276.5 Millionnew 52 week low Money Market 1,629 BILLIONdouble oversold *************************************** Dynamic Series (200% correlation) SPX Long - TITAN 56.3 Million SPX Short- TEMPEST 51.8 Million NDX Long - VELOCITY 93.6 Million* near 5 month low NDX Short- VENTURE 54.2 Million near all time high ******************************************* I will verify with clean data at trading desk tomorrow. NDX Long OTC and VELOCITY no significant increase in Total Assets. This after a 6% + gain for the day. They don't believe the counter-trend bounce will continue. BULLISH SPX Long NOVA new 52 week low. At the lows today, SPX 21 day rsi was below oversold 27 levels. DOW 21 day rsi was right in step at oversold 28 level. Rarely (once a year if your lucky) do you get these deep oversold readings on such a stringent test. BULLISH XAU Precious Metals near 52 week low. Complacency is high again as this pup is ready to run higher into the new moon tomorrow and Monday and beyond.... BULLISH Money Market levels remain above double oversold. BULLISH I remain... Dynamic Series- 100% Long NDX VELOCITY Regular Series- 100% Long XAU Precious Metals Best Regards, J.T.