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

To: J.T. who wrote (7467)	3/27/2001 6:37:24 PM
From: Daveyk	Respond to of 19219

J.T.;I'm becoming very skeptical of the XAU.They say never sell a dull market.That's about the only good thing I see going on.Any wave counts or anything? Best,Dave

To: J.T. who wrote (7467)	3/28/2001 9:03:58 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Tuesday, March 26th (late): These numbers verifeid thru trading desk and significantly different from reported numbers on phone in Nova/Ursa and Titan/Tempest Regular Series: SPX Long - NOVA 310.5 Million 1st time over 300m TA in over 2 1/2 weeks. BEARISH SPX Short- URSA 223.5 Million NDX Long - OTC 1,207 BILLION NDX Short- Arktos 71.3 Million XAU Precious Metals 23.1 Millionnear 52 week low(Oct 18= 22.6) Banking 32.2 Millionnear 5 month low Biotechnology 307.8 Million Money Market 1,417 BILLIONoversold ***************************************** Dynamic Series (200% correlation) SPX Long - TITAN 97.9 Millionnew 2 1/2 week high. BEARISH SPX Short- TEMPEST 49.0 Million NDX Long - VELOCITY 114.7 Millionnew 2 1/2 week high. BEARISH NDX Short- VENTURE 51.0 Million ******************************************* I did not bother putting up rydex numbers last night as I knew they would be statistically different from the fresh data from trading this morning. Time to fill some gaps today or tomorrow... I warned in brief note first of lowering my SPX Intraday high target from SPX 1208 to SPX 1188. We hit an intrady high of 1184. I then mentioned in afternoon we were running into resistance in SPX and BKX but did not elaborate as I was a walking zombie yesterday. Now we pay the piper to keep the lid of optimisim down that bottoms are in. Today ought to wack bullish sentiment good and keep em on their toes for the next leg up that will catch them completely off guard... I remain: Dynamic Series- 100% Short SPX TEMPEST Regular Series- 100% XAU Precious Metals Best Regards, J.T.