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


To: J.T. who wrote (9955)1/30/2002 12:34:30 AM
From: bobby beara  Read Replies (1) | Respond to of 19219
 
JT, for comparison

NDX Long - OTC 900.8 Million**BULLISH Lowest close since 11/02/01
NDX Short- ARKTOS 149.3 Million**BULLISH Highest close since 9/18/00

To:bobby beara who wrote (2560)
From: J.T. Thursday, Apr 20, 2000 12:09 AM
View Replies (2) | Respond to of 9955

on march 8th close- 3 billion 878 million was long in the rydex otc (NDX 100) and a paltry 110 million was short the NDX 100 rydex arktos fund...
I misplaced that 800 # - you got it handy??? Would like to see the comparison today.

Best Regards, J.T.
>>

one would think by this point in the bear market with 60-70% off the top in nasdaq, that the arktos/otc ratio would be closer to the nova/ursa ratio,

but it is still hugely weighted to the bulls, as it was even at the sept bottom, by a 6-1 margin,

this may be explained by something of a 'gold bug' syndrome, now a tech bug syndrome, but trends in sentiment indicators mirror market trends and those trends can sometimes go farther than most think.

To:J.T. who wrote (8567)
From: J.T. Saturday, Sep 22, 2001 10:31 PM
View Replies (4) | Respond to of 9955

Rydex Total Assets Update for Friday, September 21st, 2001:

Regular Series:

SPX Long - NOVA 164.6 Million**BULLISH New 4 + year low
SPX Short- URSA 296.0 Million**BULLISH Inversion
NDX Long - OTC 686.9 Million**BULLISH - Near 3 Yr LOW
NDX Short- Arktos 111.8 Million**BULLISH

XAU Precious Metals 91.3 Million**BEARISH New 1.5 Year High
Banking 17.4 Million**BULLISH - New 1 year low
Biotech 231.4 Million**BULLISH - New 2 year low
Money Market 1.609 BILLION**BULLISH Double Oversold

*******************************************

Dynamic Series (200% correlation to Index)

SPX Long - TITAN 38.0 Million**BULLISH - Inversion
SPX Short- TEMPEST 113.0 Million**BULLISH - ALL TIME HIGH

NDX Long - VELOCITY 104.7 Million
NDX Short- VENTURE 111.0 Million**BULLISH - ALL TIME HIGH



To: J.T. who wrote (9955)1/30/2002 12:44:47 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
This morning SPX intraday low SPX 1,081.66 has met my minimum near term SPX 1,080 downside target. And while there is risk to go down to this SPX 1,060 level b/w later today and tomorrow, the upside reward potential for reversal after the 'no cut' fed announcement is far greater than the downside risk imho. This will feed of this mornings positive GDP report.

I have bought CSCO 18.48 and C 45.50 for the countertrend reversal.

Best Regards, J.T.



To: J.T. who wrote (9955)1/30/2002 11:48:59 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Rydex Total Assets Update for Wednesday, January 30th, 2002:

Regular Series:

SPX Long - NOVA 241.3 Million**BULLISH
SPX Short- URSA 267.5 Million**Inversion
NDX Long - OTC 912.7 Million**BULLISH
NDX Short- ARKTOS 145.2 Million**BULLISH
RUT 2000 - MIKROS 89.3 Million**BULLISH


XAU Precious Metals 71.7 Million**BEARISH
XOI Energy 15.1 Million**BULLISH
OSX Energy Services 26.6 Million**BULLISH **New addition
BKX Banking 26.8 Million**BULLISH
BTK Biotech 267.8 Million
Money Market 1.306 BILLION

*******************************************

Dynamic Series (200% correlation to Index)

SPX Long - TITAN 151.7 Million
SPX Short- TEMPEST 147.4 Million**BULLISH
NDX Long - VELOCITY 263.4 Million
NDX Short- VENTURE 183.3 Million**BULLISH

*********************************************

**New Addition.

Yesterday cold as ice. Today in a zone like a heat seeking missile. Markets can make a fool of you one day, an expert the next. Keeping emotions out of it and maintaining focus is the name of the game.

The market registered the perfect reversal. Fear came back into play early as registered by P/C's (1.07 close), VIX, TRIN and triple oversold levels in OEX, BKX and SPX playing caboose.

1/30/02 Intraday Bottom and Final Close:,
SPX 1,081.66 SPX 1,113.57
DOW 9,529.46 DOW 9,762.86
COMP 1,851.49 COMP 1,913.44
NDX 1,418.46 NDX 1,538.94
BKX 805.55 BKX 835.81
SOX 527.12 SOX 554.88


We nailed the SPX bottom 1,080, and I believe we will be off to the races tomorrow or shortly thereafter. I would like SPX 1,118 close out tomorrow - latest by Friday. Huge overhead resistance at the 50 day MA SPX 1,143 (62% Fibonacci retrace)and major resistance right above the 200 day MA SPX 1,167 at the SPX 1,175 area. I believe we are going to take these levels out on our way to intraday highs SPX 1,205 - 1,215 level (Aug 3 and 7, 2001) into the end of this bull cycle Feb 8 (+/- 1 day). Then back down. I am extremely encoraged by BKX action which did not come near 780 and closed back up within striking distance of the 50 and 200 day MA's. Once BKX 870 is out, BKX 900-910 is finally within reach. SOX lows are nowhere near SOX 500 critical support and closed above both the 50 and 200 day MA'.s Now I see this run to SOX assault to 600 on the docket within the next few trading days eventually to SOX 650. COMP 2,180 - 2,220 intraday highs on the docket and NDX 1,820 - 1,850 in this run.

My caveat to this melt-up is this... another external event that cast a pall over the market (U.S journalist hostage situation turns grave... GATA judge rules in favor of plaintiff and formal inquiries into gold manipulation begin etc..)

Regular Series: 100% Long NDX OTC
Dynamic Series: 100% Long SPX TITAN

Best Regards, J.T.



To: J.T. who wrote (9955)2/5/2002 10:44:19 AM
From: J.T.  Respond to of 19219
 
From Jan 29 Rydex Update:
Message 16981428

*******
BKX 780 death row support should hold and I expect the BKX to stabilize around BKX 785 - 790 level before turning back up.
*******

BKX intraday lows BKX 785.67 now BKX reverse and screamin higher BKX 802.54 ... fwiw...

Best Regards, J.T.