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

To: J.T. who wrote (8455)	9/2/2001 11:57:47 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 19219

JT; Just my focus on the TA of the Money Market fund, as it compares ( relative ) to ( major bull & bear funds ) I did not put in the Banking or Gold as of yet. -------------- As you know I use your data to look at the shares out in the funds , ( daily money in/out ) after filtering out the change in TA due to Nav change well I added a new twist using the Money Market.. ----------------------- Taking my window from March 26 to now, this twist lets me see ( percentage ) swings in the Money Market relative to the( percentage )Total TA..the extreme swings are about 70% letting me see what amount of MM is average to the average total of fund TAs. 0 zero would be average, and indicate flat in this time window. MM 36.39% above the average TA was the high point for MM on April4th ; LOW hit ( - 34.60% ) on My 21st.. Nice swing...looking at it from that angle. We hit 25.44% Aug 17th ( not extreme but still very Bullish ) of course some of the MM goes to short funds at times and can skew things around some. ------------------ To keep it more simple and just use the Two major Bull Funds Nova and OTC , thus filtering out the very short term traders and speculators. ( in spite of the market being down even the short term Bears have been timing things wrong and the average one has lost money ) --------------- Back to just the longer term Bull players. 0 zero being the mean average. The high MM on April 4th was 46.95% above average ( relative to the TA of the funds ) The Low MM was -38% below average on May 21st. I like this last way of doing it best. It just hit 33.75% on the 30th , not as extreme as the April 4th low, but it's the next best high in the window. It's been bouncing around a lot lately but looks good and bullish enough for me. ------------- I went long the 29th and added on the 30th. and I plan to add on any more down side as long as the MM ( relative ) to the TAs in NOVA and OTC stays above 9 0r 10% of it's average, I'll exit if it falls to a( - 10%) ------------- When it comes to the market Everything is relative. I don't base my analysis on any arbitrary historic number with out looking at how it's relative percentage wise. MM went bullish on the 30th more than any time since April 4th, & it could go more but I can't tell if it will or not. ( I've got about 50% more dry powder if it does ) Jim PS, I lost a little on my last play as I ducked out on the 27th, but I'm coming back in cheaper and it was my first timing miss since March, and I only need the NDX to move up another 1% to get that back.

To: J.T. who wrote (8455)	9/5/2001 1:53:21 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Monday, September 4th, 2001: Regular Series: SPX Long - NOVA 247.8 MillionBULLISH SPX Short- URSA 241.3 Million NDX Long - OTC 904.6 MillionBULLISH - NEW LOW NDX Short- Arktos 86.9 MillionBULLISH XAU Precious Metals 63.7 Million Banking 47.2 MillionBULLISH Biotech 340.8 Million Money Market 1.387 BILLION ***************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 72.9 MillionBULLISH - Inversion SPX Short- TEMPEST 94.2 MillionBULLISH NDX Long - VELOCITY 131.8 Million NDX Short- VENTURE 84.6 MillionBULLISH ********************************************* NDX OTC about to crack below critical 900 Mil TA. Tomorrow we find out if XAU is one day false break and 56.50 is re-established or we go and fill the gap 53.66 area. It closed down $1.30 to XAU 55.26. Market gains disappear faster than a harry houdini act. Roll Call at 11. Regular Series: 100% Long NDX OTC Dynamic Series: 100% Long SPX TITAN Best Regards, J.T.