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: J.T. who wrote (8828)	10/9/2001 9:45:37 AM
From: J.T.	Read Replies (3) \| Respond to of 19219

Rydex Total Assets Update for Monday, October 8th, 2001: Regular Series: SPX Long - NOVA 228.0 MillionBULLISH SPX Short- URSA 292.2 MillionBULLISH NDX Long - OTC 786.6 MillionBULLISH NDX Short- Arktos 92.5 MillionBULLISH XAU Precious Metals 89.8 MillionBEARISH Banking 31.8 MillionBULLISH Biotech 255.8 MillionBULLISH Money Market 1.516 BILLIONBULLISH Oversold ***************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 67.0 MillionBULLISH Dramatic Drop in TA SPX Short- TEMPEST 126.5 MillionBULLISH All Time High NDX Long - VELOCITY 138.3 Million NDX Short- VENTURE 95.4 MillionBULLISH ******************************************* Allied forces bomb taliban and market gives muted response after 1st trading day. Much of this was becasue the previous countertrend rally had already nearly exhausted itself and run its course. This immediate pullback should be bought for the next leg up. Money market levels have been at record oversold levels consecutively for well over a month. Any drop in SPX and the scared money runs for cover. **If market finds a way to finish near session lows, I will close out NDX Short Arktos and go long either XAU Precious Metals or NDX Long OTC. I could wait one more day if it is relatively flatline day. Regular Series: 100% Short NDX Arktos Dynamic Series: 100% Long SPX TITAN Best Regards, J.T.