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

To: TheBare who wrote (7808)	5/18/2001 9:52:02 AM
From: J.T.	Respond to of 19219

I will answer you shortly. Updating Rydex. Best Regards, J.T.

To: TheBare who wrote (7808)	5/18/2001 10:35:30 AM
From: J.T.	Respond to of 19219

I have been actively actively monitoring daily rydex money movement since April 2000. For me, it is the most dynamic way to measure sentiment in the markets as you see money move in and out of long and short funds as the market moves in both direction. I try to backtest sentiment read with support and resistance levels in the major indices in making my decisions. The minimum amount to invest directly with Rydex is 25,000 in order to trade free of charge back and forth so you will have active large speculators trying to outperform the market. The daily money movement (sentiment) read is more an art and roadmap to try and help me set up for a position trade and often I am usually early in my reads. The Bullish and Bearish reads are based on my daily hands on analysis and it is only with day in day out reads that I get better. I learn most when I go thru my difficult periods getting whipsawed by market and on wrong side. It is obvious to me for others to understand what I am doing I need a help page to explain my analysis that is not so cut and dried. But I have not made the time to do this. As for my rydex results this year in 2001: In the Dynamic Series since opening my account on February 22nd I have made 14 complete trades and I am up 25.5% since inception. I have had 8 winning trades and 6 losing trades. I try to minimize my losses on the losing side when I get whipsawed. In Regular Series year to date I am up 11.7% which includes a buy trade on 12/26 and sell on jan 2 close (1st trading day)for a gain of 2.7% in short ursa. Ironically, I have had more losing trades in the regular series than winning trades. I have had 4 winning trades and 6 complete losing trades and much of this losing was bad whipsaw action when greenspan did his first intermeeting rate cut on Jan 3 I got completely whipsawed but have clawed my way back. In early January I had some days where i was diversified 50%, 25%, 25% XAU Long Long and then XAU Short Short but i count these losing trades as 1 complete loss vs 2 twice. Otherwise I would probably have 8-10 losing trades. The bulk of my winning trades came sitting parked patiently in the XAU Precious Metals Fund. For future rydex updates, I will keep my net gains and losses for both dynamic and regular series in the daily updates as I move back and forth. Best Regards, J.T.