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

To: J.T. who wrote (9121)	10/23/2001 12:34:41 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 19219

Thanx JT; As for Gold..the dollar ran up real fast, so it's cheaper in $ dollars but not so much cheaper in EUs.. If all it's doing is adjusting the the dollar I can't tell much. The TA is low but not extreeeeem yet. Here is the relative Bull/bear average from March 26. Based on Shares out. I would like to see the Relative Low "stay" below -40. % for a few days like it did at the end of July. Date REL/BULL/bear rypmx/nav 22-Oct-01 -42.33% 19.85 19-Oct-01 -2.27% 20.39 18-Oct-01 2.22% 20.75 17-Oct-01 6.93% 21.52 16-Oct-01 -21.21% 21.18 15-Oct-01 -34.40% 20.62 12-Oct-01 -14.44% 20.78 11-Oct-01 -11.37% 19.9 10-Oct-01 27.31% 20.31 9-Oct-01 57.26% 20.94 8-Oct-01 75.12% 21.74 5-Oct-01 68.71% 21.98 4-Oct-01 47.94% 21.16 3-Oct-01 63.11% 21.31 2-Oct-01 69.33% 22.06 1-Oct-01 54.12% 21.96 28-Sep-01 41.71% 21.53 27-Sep-01 47.49% 21.46 26-Sep-01 49.28% 21.38 25-Sep-01 78.47% 20.76 24-Sep-01 80.93% 21.04 21-Sep-01 78.77% 21.61 20-Sep-01 77.11% 21.91 19-Sep-01 50.31% 21.5 18-Sep-01 40.23% 21.42 17-Sep-01 21.08% 20.97 10-Sep-01 18.15% 20.33 7-Sep-01 19.15% 20.29 6-Sep-01 19.12% 20.13 5-Sep-01 21.68% 20.39 4-Sep-01 30.06% 20.2 31-Aug-01 47.12% 20.79 30-Aug-01 50.62% 20.94 29-Aug-01 51.44% 21.02 28-Aug-01 47.40% 20.98 27-Aug-01 37.03% 20.96 24-Aug-01 41.41% 21.26 23-Aug-01 43.07% 21.25 22-Aug-01 38.60% 21.01 21-Aug-01 37.50% 21.03 20-Aug-01 36.68% 20.99 17-Aug-01 26.08% 21.1 16-Aug-01 38.03% 20.92 15-Aug-01 36.21% 20.84 14-Aug-01 40.36% 20.69 13-Aug-01 30.49% 20.98 10-Aug-01 9.53% 20.57 9-Aug-01 -23.16% 20.71 8-Aug-01 -33.64% 19.72 7-Aug-01 -35.36% 19.41 6-Aug-01 -29.26% 19.73 3-Aug-01 -33.06% 19.6 2-Aug-01 -34.21% 19.63 1-Aug-01 -43.41% 19.45 31-Jul-01 -44.09% 19.55 30-Jul-01 -42.52% 19.6 27-Jul-01 -45.06% 20.06 26-Jul-01 -44.81% 19.78 25-Jul-01 -40.51% 20.18 24-Jul-01 -35.21% 20.58 23-Jul-01 -34.07% 20.18 20-Jul-01 -33.56% 20.53 19-Jul-01 -33.13% 20.4 18-Jul-01 -32.44% 20.55 17-Jul-01 -36.28% 19.93 16-Jul-01 -35.55% 19.78 13-Jul-01 -34.84% 19.51 12-Jul-01 -32.76% 20.2 11-Jul-01 -28.99% 20.42 10-Jul-01 -34.47% 19.89 9-Jul-01 -43.04% 19.54 6-Jul-01 -43.09% 19.51 5-Jul-01 -43.98% 19.94 3-Jul-01 -42.91% 20.01 2-Jul-01 -40.80% 19.66 29-Jun-01 -28.42% 20.26 28-Jun-01 -25.34% 20.29 27-Jun-01 -25.72% 20.74 26-Jun-01 -20.25% 21.23 25-Jun-01 -24.56% 20.75 22-Jun-01 -10.60% 20.57 21-Jun-01 -10.61% 20.49 20-Jun-01 -9.86% 20.75 19-Jun-01 -1.03% 21.5 18-Jun-01 0.00% 21.62 15-Jun-01 -15.13% 21.71 14-Jun-01 -12.05% 22.36 13-Jun-01 -18.76% 22 12-Jun-01 -22.06% 21.81 11-Jun-01 -21.50% 21.24 8-Jun-01 -21.56% 21.79 7-Jun-01 -27.94% 20.99 6-Jun-01 -25.25% 21.1 5-Jun-01 -15.11% 21.87 4-Jun-01 -26.48% 21.6 1-Jun-01 -43.27% 21.41 31-May-01 -45.93% 20.84 30-May-01 -28.93% 21.11 29-May-01 -19.87% 21.98 25-May-01 7.16% 22.59 24-May-01 7.19% 21.88 23-May-01 43.56% 22.93 22-May-01 36.50% 23.43 21-May-01 38.69% 24.43 18-May-01 38.68% 24.1 17-May-01 30.81% 23.11 16-May-01 30.16% 22.83 15-May-01 11.23% 22.83 14-May-01 19.24% 21.68 11-May-01 -2.87% 21.34 10-May-01 8.80% 21.59 9-May-01 6.42% 21.5 8-May-01 9.44% 20.34 7-May-01 9.99% 20.27 4-May-01 5.92% 20.03 3-May-01 8.03% 20.01 2-May-01 14.73% 20.66 1-May-01 16.12% 20.25 30-Apr-01 6.86% 20.25 27-Apr-01 -0.56% 20.41 26-Apr-01 -0.30% 20.15 25-Apr-01 -16.81% 20.15 24-Apr-01 11.58% 19.61 23-Apr-01 -3.38% 18.96 20-Apr-01 1.09% 19.2 19-Apr-01 1.68% 19.41 18-Apr-01 1.89% 19.41 17-Apr-01 -9.17% 18.91 16-Apr-01 -6.17% 19.41 12-Apr-01 -6.61% 19.17 11-Apr-01 -32.32% 18.62 10-Apr-01 -35.18% 18.71 9-Apr-01 -36.11% 18.57 6-Apr-01 -29.40% 18.68 5-Apr-01 -33.11% 18.45 4-Apr-01 -31.64% 18.52 3-Apr-01 -31.84% 17.65 2-Apr-01 -37.11% 17.16 30-Mar-01 -35.65% 17.73 29-Mar-01 -37.95% 17.5 28-Mar-01 -37.18% 17.88 27-Mar-01 -41.04% 18.01 26-Mar-01 -40.46% 18.14

To: J.T. who wrote (9121)	10/23/2001 2:55:48 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex. Dynamic and Regular series, switch 100% from Money Market to Long SPX TITAN and Long SPX NOVA before tonights close. I may be one day early on this as the pullback may or may not carryover into tomorrow. But the important recognition here is that the next blast will be a hard blast UP and blow thru prior resistance at SPX 1,100 levels to SPX 1,120 - 1,140 before I take profits off the table. And, most likely, it is the first day of the leg up of this rally which will be the most explosive and it is important to be positioned LONG to capture this front end loaded launch. Now all we need is for da market to slide on down lower in da last hour of trading to get dat sinking feeling of doubt creepin' in and of course get a better closing entry price in Rydex for tomorrow. I am out and on the fly until after market close. Best Regards, J.T.

To: J.T. who wrote (9121)	10/24/2001 1:04:59 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Tuesday, October 23rd 2001: Regular Series: SPX Long - NOVA 260.6 MillionBULLISH SPX Short- URSA 271.4 MillionBULLISH Inversion NDX Long - OTC 870.0 MillionBULLISH NDX Short- ARKTOS 93.6 MillionBULLISH XAU Precious Metals 28.4 MillionBULLISH Energy 37.7 Million Banking 30.6 MillionBULLISH Biotech 325.9 Million Money Market 1.355 BILLION ***************************************** Dynamic Series (200% correlation to Index) SPX Long - TITAN 88.0 MillionBULLISH SPX Short- TEMPEST 133.0 MillionBULLISH Inversion NDX Long - VELOCITY 140.4 Million NDX Short- VENTURE 101.1 MillionBULLISH ********************************************* Todays TA in MM and SPX Long TITAN look much improved relative to yesterday from a Bullish perspective. SPX close down only 5 points yet skittish money runs for safety to MM to the tune of 100 million. Equally important, both SPX ratios returned to inversion with a significant 40 million TA drop in TITAN. Below is a 60 minute chart of the SPX showing the triple test at SPX 1,100. Based on tonights sentiment data we are now in a position to take out this resistance level. We have been in this relative trading band between SPX 1,100 - 965 since the break on September 6th prior to WTC and now are poised to raise the band to SPX 1,150 - 1,020. charts-d.quote.com:443/1003899009270?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:SPX.X&Interval=60&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=0&Param3=0&FontSize=9 The daily SPX chart shows the huge shelf of overhead resistance in the SPX 1,150 - 1,180 range. We will need more than a one jackhammer assault to get through this brickwall. SPX intraday high target into month end is SPX 1,150 - 1,155 range. charts-d.quote.com:443/1003899095120?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:SPX.X&Interval=D&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=0&Param3=0&FontSize=9 The cards have been dealt. Tonights number favor the Bulls big time for the launch which most likely will commence tomorrow. But if by chance tomorrow finds a way to be down near days end for the whipsaw setup, Bears are gona get squeezed even harder going into the end of ghoulishly month of October true Bulls really love. And after the month is out and the chips are counted, October 2001 may go down as one of the top 5 total return months of all time for all Octobers via the SPX, DOW and COMP.. We will tally up the score at months end. I am not impressed with the positive 31 cent dead cat bounce in the XAU. XAU closed @ XAU 51.79. JGOL finished down 5 to JSE 1,290. Today was consolidation and rest before the next big move. Tomorrow XAU/JSE and gold should reveal the direction in which we traverse. My bet is near term down and washout to drudge em out before we reverse back up. I want minimum that partial gap XAU 47.79 - 48.46 penetrated to see the whites of Bullz eyes before reversal. Utopia would be partial penetration of that next gap below it XAU 45.90 - 46.05 but that may be a little improbable -but certainly not impossible. Spot gold closed up 30 cents to $275.20. Regular Series: 100% SPX Long NOVA Dynamic Series: 100% SPX Long TITAN Best Regards, J.T.