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


To: J.T. who wrote (7987)6/19/2001 10:25:13 AM
From: marginmike  Read Replies (1) | Respond to of 19219
 
Funny thing happened on Friday. At 6pm after everyone was gone for the weakend and Larry Ellison was on CNBC> He was quite bullish, and in an almost unbelievably open way said things had bottomed, and things were actually picking up. NOBODY, I mean nobody picked it up in the Press. I went long some QQQ, QCOM and ORCL yesterday morn(a litlle early). I think we rally now one last time before the swoon of the fall that inevitable occurs. I am not getting greedy and will sell 1/2 my buys before fed. I am still long GOLD, and have added on the recent weakness DROOY and HM to my roster of NEM, GOLD, HGMCY. The Rydex, The VIX back up, Fed, and some good news here and I think the NAZ will try to bump up against 2300 again. I do believe it will fail. I would like to see VIX under 20 this time to get reall excited about the downside. I hope things have been well havent chatted in a whille.



To: J.T. who wrote (7987)6/19/2001 11:39:51 AM
From: SecularBull  Read Replies (1) | Respond to of 19219
 
Do you see the ingredients for a powerful rally? I think that the light at the end of the tunnel was faintly appearing in the ORCL report (more to come).

~SB~



To: J.T. who wrote (7987)6/19/2001 12:56:12 PM
From: highyarolla  Read Replies (1) | Respond to of 19219
 
Is There a Link to That Data?

Also, is there any website that is completely devoted to sentiment data for contrarians? Not just put-call ratios, but ALL of the major surveys:

Investors Intelligence
American Association of Individual Investors(AAII)
Consensus Poll
MarketVane

Each measures sentiment among a different group of market participants. Lots of times TA people will be biased bearish or bullish and will use the best survey to make their case. This way we get an objective big picture of the sentiment as well as the technicals.

Also, check out www.Ttheory.com.

Of all the stuff I read, that is one of the most accurate and sensible analysis out there. Talks about the forest rather than the trees in the forest but in a way that is very practical for the short to intermediate-term trader. A definite 5-start site. It will get you stopped out when your in the wrong direction less and will allow you to go for bigger point scalps with less fear of getting whipsawed.
We've all been there so we know how important that is more than any timing device.



To: J.T. who wrote (7987)6/20/2001 10:15:39 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Rydex Total Assets Update for Monday, June 18th, 2001:

Regular Series:

SPX Long - NOVA 295.6 Million**BULLISH
SPX Short- URSA 233.3 Million
NDX Long - OTC 1153 BILLION
NDX Short- Arktos 79.0 Million

XAU Precious Metals 51.4 Million
Banking 52.9 Million
Biotechnology 412.1 Million
Money Market 1,411 BILLION**BULLISH Oversold

*******************************************

Dynamic Series (200% correlation to Index)

SPX Long - TITAN 100.4 Million**BULLISH
SPX Short- TEMPEST 75.2 Million**BULLISH


NDX Long - VELOCITY 144.9 Million
NDX Short- VENTURE 77.4 Million**BULLISH near all time high

*********************************************

When I say BULLISH in the Short Bear Funds I am already converting the inverse message from a LONG Perspective since that is the way the average person reads it.

So while the high total assets in Short Bear Funds is Bearish from a Bear Perspective, It is BULLISH from a Bull Long term Perspective.

If I did it any other way it would be confusing to the average first time reader of this thread.

Regular Series: 100% XAU Precious Metals
Dynamic Series: 100% Long SPX TITAN

Best Regards, J.T.



To: J.T. who wrote (7987)6/20/2001 12:15:11 PM
From: J.T.  Read Replies (3) | Respond to of 19219
 
Rydex Total Assets Update for Tuesday, June 19th, 2001 (Revised to correct date):


Regular Series:

SPX Long - NOVA 295.6 Million**BULLISH
SPX Short- URSA 233.3 Million
NDX Long - OTC 1153 BILLION
NDX Short- Arktos 79.0 Million

XAU Precious Metals 51.4 Million
Banking 52.9 Million
Biotechnology 412.1 Million
Money Market 1,411 BILLION**BULLISH Oversold

*******************************************

Dynamic Series (200% correlation to Index)

SPX Long - TITAN 100.4 Million**BULLISH
SPX Short- TEMPEST 75.2 Million**BULLISH


NDX Long - VELOCITY 144.9 Million
NDX Short- VENTURE 77.4 Million**BULLISH near all time high

*********************************************

When I say BULLISH in the Short Bear Funds I am already converting the inverse message from a LONG Perspective since that is the way the average person reads it.

So while the high total assets in Short Bear Funds is Bearish from a Bear Perspective, It is BULLISH from a Bull Long term Perspective.

If I did it any other way it would be confusing to the average first time reader of this thread.

Regular Series: 100% XAU Precious Metals
Dynamic Series: 100% Long SPX TITAN

Best Regards, J.T.