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

To: J.T. who wrote (8181)	7/19/2001 11:10:34 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

The boyz at mission controls are at it again as they throw the curve ball and the market rocks. In Rydex analysis, it is more important to have a macroscopic view of the forest than to isolate on every zig and zag in microscopic view. Last night was a perfect example. IBM meets earnings but the rev and guidance going forward is fuzzy. The micro view. But the macro view had literally all Bulish sentiment ducks in a row and now we see the rally unfold at a most opportune time when you least expect it. Just the way the boyz like to play it. Like a stratevarious violin. The summer rally is advancing to the second floor after the first launch last Thurs. I expect this advance to continue into late August/labor day weekend in upward stairstep fashion that will frustrate most investors. Best Regards, J.T.

To: J.T. who wrote (8181)	7/20/2001 2:20:14 AM
From: J.T.	Read Replies (4) \| Respond to of 19219

Rydex Total Assets Update for Thursday, July 19th 2001: Regular Series: SPX Long - NOVA 266.9 MillionBULLISH SPX Short- URSA 223.9 Million NDX Long - OTC 1.123 BILLIONBULLISH NDX Short- Arktos 67.8 Million XAU Precious Metals 32.8 MillionBULLISH Banking 43.2 MillionBULLISH Biotech 325.9 MillionBULLISH Money Market 1.470 BILLIONBULLISHOversold *************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 108.8 Million SPX Short- TEMPEST 58.0 Million NDX Long - VELOCITY 153.8 Million NDX Short- VENTURE 69.4 Million ******************************************* This from Wednesday rydex update: ...<Now what would be perfect is a nasty open downside gap outta da box and an ugly affair all day with a "W" type reversal with less than 15 minutes to go to into the bell that they can't respond to. This type of action might be delayed until Friday if they find a way to close it up at mission central (on Thursday). It would set up sentiment even better than today for the reversal into next week and beyond>... Now as we all know tomorrow is Friday and a New Moon. Markets tend to find near term lows around new moons and tomorrow is no exception with a 1 day carryover into Monday. While MM TA levels still oversold, we still need to work off the Bullish froth in the Dynamic Bull Funds and tomorrow would be the ripe time to send em to da cleaners for da weekend. Regular Series: 100% XAU Precious Metals Dynamic Series: 100% Long SPX TITAN Best Regards, J.T.

To: J.T. who wrote (8181)	7/24/2001 4:42:57 PM
From: J.T.	Read Replies (3) \| Respond to of 19219

Today's last hours action is the type of action I had in mind in this "W-type formation" needed to wash em out once and for all and set up the necessary ingredients needed for a reversal: ...<Now what would be perfect is a nasty open downside gap outta da box and an ugly affair all day with a "W" type reversal with less than 15 minutes to go to into the bell that they can't respond to. This type of action might be delayed until Friday if they find a way to close it up at mission central. It would set up sentiment even better than today for the reversal into next week and beyond>... DOW- charts-d.quote.com:443/996007377870?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:INDU&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=0&Param2=0&Param3=0&FontSize=9 SPX- charts-d.quote.com:443/996007432740?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:SPX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=0&Param2=0&Param3=0&FontSize=9 COMP- charts-d.quote.com:443/996007470360?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:COMPX&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=0&Param2=0&Param3=0&FontSize=9 Rydex ought to fall into da tank tonight. Best regards, J.T.