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

To: J.T. who wrote (8164)	7/17/2001 12:42:13 PM
From: getanewlife	Read Replies (1) \| Respond to of 19219

J.T., a question regarding to the use of rydex numbers in the context of bull or bear market environment. What's the possibility that the bullishness in the Rydex number for precious metals may be more profitable because it is within the environment of a bull and the Rydex number for the NDX and S&P may be less profitable because they are in a serious bear? Do you have historical data on how the Rydex indicator may have worked during the past severe bears? Just thinking out loud and thanks in advance for your thoughts on this? Best Regards, GF

To: J.T. who wrote (8164)	7/17/2001 11:53:22 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Tuesday, July 17th 2001: Regular Series: SPX Long - NOVA 285.0 MillionBULLISH SPX Short- URSA 229.9 Million NDX Long - OTC 1.151 BILLIONBULLISH NDX Short- Arktos 64.7 Million XAU Precious Metals 30.1 MillionBULLISH Banking 54.3 MillionBULLISH Biotech 325.1 MillionBULLISH Money Market 1,384 BILLIONBULLISH ***************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 107.0 Million SPX Short- TEMPEST 68.7 Million NDX Long - VELOCITY 167.9 Million NDX Short- VENTURE 67.2 Million ******************************************* I have never seen spx long short titan/tempest flip TA positions faster than flippin pancakes in one trading day as happened today. A negative. We may work this off tomorrow as it is push pull everyday in war b/w Bull and Bear. Money Market levels still remain near oversold so we have higher to run in this rally. But back and forth action whipsaws the mutual fund day traders vs position traders like me who patiently wait this out. A down day tomorrow, if it materializes, brings the MM levels back above oversold again and would smoothen out the wild swings in spx titan tempest money flows. The trend will remain higher stairstep action from the lows booked in early April with 2 steps forward and 1 step back until sentiment dictates otherwise. Regular Series: 100% XAU Precious Metals Dynamic Series: 100% Long SPX TITAN