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

To: J.T. who wrote (8396)	8/24/2001 12:23:12 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Thursday, August 23rd, 2001: Regular Series: SPX Long - NOVA 245.2 MillionBULLISH SPX Short- URSA 240.7 Million NDX Long - OTC 966.1 MillionBULLISH -3rd back to back to back close below 1 Bill since OCT 98 NDX Short- Arktos 82.5 MillionBULLISH XAU Precious Metals 72.7 MillionBEARISH Banking 81.1 Million Biotech 334.6 Million Money Market 1.387 BILLION ***************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 70.8 MillionBULLISH - Inversion SPX Short- TEMPEST 89.9 MillionBULLISH NDX Long - VELOCITY 135.9 Million NDX Short- VENTURE 85.9 MillionBULLISH ********************************************* SPX, NDX, COMP, DJIA, SOX et al put in a higher low from two days ago and sentiment numbers improve. CSCO reports restructuring plans after the bell and overnight globex numbers early indication respond with Bullish intonation. No matter how they spin it, it is how the market reacts to the news is what is most important. I continue to believe the market will rally into mid September into options expiration on September 21. We have mercury retrogarde to deal with most of October so the time to put on your rally caps is right here and right now on the Long side. Regular Series: 100% Long NDX OTC Dynamic Series: 100% Long SPX TITAN Best Regards, J.T.