Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Walt Deemer who wrote (8243)	8/3/2001 10:42:32 AM
From: J.T.	Read Replies (3) \| Respond to of 19219

Rydex Total Assets Update for Thursday, August 2nd 2001: (Not verified thru trading desk.) Regular Series: SPX Long - NOVA 273.4 MillionBULLISH SPX Short- URSA 206.2 Million NDX Long - OTC 1.166 BILLIONBULLISH NDX Short- Arktos 64.9 Million XAU Precious Metals 30.4 MillionBULLISH Banking 80.7 Million Biotech 324.0 MillionBULLISH Money Market 1.301 BILLION ***************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 98.7 Million SPX Short- TEMPEST 75.3 MillionBULLISH NDX Long - VELOCITY 175.3 Million NDX Short- VENTURE 70.9 MillionBULLISH ******************************************* We need to get back above oversold levels on MM TA and nothing better than a down Friday to send em packing. This kind of grinding upward sideways action is just what the doctor ordered to keep fear at the front of the pack but unfortunately keeps capitulation at bay. This pullback is healthy and a necessary ingredient needed for the upside blast to have lasting countenance. I reitterate, DELL, INTC, QCOM, CSCO, MOT, MSFT... these are the stocks that will lead this August blast higher and should be bought on smart pullbacks such as we have today. Pick your levels that can reasonably get hit and let the price come to you. Regular Series: 100% XAU Precious Metals Dynamic Series: 100% Long SPX TITAN Best Regards, J.T.