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

To: J.T. who wrote (8905)	10/11/2001 10:16:28 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

XAU gap one gets completely decimated and gap two 51.87 - 52.02 gets almost completely filled as intraday low hits 51.91. Technicians couldn't ask for anything better as we breach below double oversold levels on XAU 5 day rsi 17.08. Best Regards, J.T.

To: J.T. who wrote (8905)	10/11/2001 3:46:07 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex. Dynamic Series I have switched 100% from SPX Long TITAN to NDX Short VENTURE before tonights close. Market above double overbought. Best Regards, J.T.

To: J.T. who wrote (8905)	10/12/2001 9:30:24 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Thursday, October 11th, 2001: Regular Series: SPX Long - NOVA 268.1 MillionBULLISH SPX Short- URSA 248.9 MillionBULLISH NDX Long - OTC 864.3 MillionBULLISH NDX Short- Arktos 86.1 Million XAU Precious Metals 42.6 MillionBULLISH Lowest close in over 2 mo. Banking 35.5 MillionBULLISH Biotech 303.7 Million Money Market 1.334 BILLION *************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 121.8 Million SPX Short- TEMPEST 132.5 MillionBULLISH All Time High NDX Long - VELOCITY 149.2 Million NDX Short- VENTURE 97.7 MillionBULLISH ******************************************* Rydex XAU Precious Metals TA Collapse and the second lower gap gets filled to perfection. The next leg up in gold stocks and XAU is now set to be much more powerful as seeds of doubt have lambasted gold bulls in the past 4 trading days. Now that the two lower gaps are filled it is quite possible we could get an island reversal in XAU and create new upside gaps going forward. I locked in countertrend gains on SPX Long TITAN from the lows and have gone Short NDX VENTURE in the face of the melt-up for an exhaustion pullback. SPX reached the upperend of the countertrend channel to SPX 1,100 as SPX closed at SPX 1,097.43, the highest close since September 6th. Bullish intonations going forward as SPX Short TEMPEST at an all time high in the face of large gains yesterday. Regular Series: 100% Long XAU Precious Metals Dynamic Series: 100% Short NDX Venture Best Regards, J.T.