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

To: J.T. who wrote (10137)	2/6/2002 8:35:13 AM
From: yard_man	Read Replies (1) \| Respond to of 19219

do they have a retail fund? And anywhere we can get history on that? thanks

To: J.T. who wrote (10137)	2/6/2002 9:06:40 AM
From: nutxspirit	Read Replies (1) \| Respond to of 19219

Good morning JT. Well it looks to me as if this morning is the time to bail out of gold stocks. JMO. I'm watching CNBC and all gold shares have big gap ups. I will sell into the first hour. Seems like sell on the news of over $300 gold. Should get a good pull back from here. I want to reiterate --this is JMO. I also like the way the oil service stocks and the Rydex have behaved. Buying more GLBL,SPN,ESC, SLB and BJS. Pat

To: J.T. who wrote (10137)	2/6/2002 11:18:11 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Wednesday, February 6th, 2002: ************** Money Market 1.607 BILLIONBULLISH Double Overbought Matches 9/21/01 September Lows ************* Regular Series: (100% Correlation to Index (Nova 150%)) SPX Long - NOVA 218.7 MillionBULLISH SPX Short- URSA 289.9 MillionBULLISH Highest Close Since 10/08/01 NDX Long - OTC 838.4 MillionBULLISH Lowest Close Since 10/30/01 NDX Short- ARKTOS 149.8 MillionBULLISH ********** Dynamic Series (200% correlation to Index) SPX Long - TITAN 96.8 Million BULLISH SPX Short- TEMPEST 173.8 MillionBULLISH All Time Highs NDX Long - VELOCITY 164.6 MillionBULLISH Lowest Close since 10/31/01 NDX Short- VENTURE 236.9 MillionBULLISH All Time Highs ************** Sector Funds: XAU Precious Metals 78.1 MillionBEARISH XOI Energy 29.3 MillionBULLISH OSX Energy Services 24.6 MillionBULLISH BKX Banking 16.5 MillionBULLISH BTK Biotech 229.2 MillionBULLISH New 2 1/2 + Year low RUT 2000 - MIKROS 44.8 MillionBULLISH RLX Retail 75.8 MillionNeutral New addition ***************************************** Please note new layout. Cash is now at the top of the update. I want to keep both SPX, NDX Long/Short Funds close together. And keep sector funds separate as we have made several new additions in the last few weeks. From last nights Update: ...<XAU first gap will get at least partially filled within three trading days XAU 62.80 - 63.62.** Other gaps beneath this level are XAU 61.33 - 61.69; and XAU 58.57 - 58.62>... After Tuesday's close of XAU 67.83 and todays intradays highs of XAU 68.85 and quadruple overbought levels, she finally reversed and closed at the bottom tick XAU 64.79 down $3.04 down 4.48%. This is a double outside day lower close from the previous two trading days and sets up for the partial gap fill b/w 62.60 - 63.32 within the next two trading days. With the market reacting negatively to CSCO's earnings and visibility after conference call, the market will most likely get a final exhaustion gap down out of the blocks before reversing back up later in the day. Tomorrow is the last day imho for SPX 1,060 area test before the larceny boyz reverse this direction back up. SOX 542.88 continues to exhibit strength as it closed slightly up for the day and has held support above SOX 540 for five days in a row. I will key on SOX for reversal in this market and SOX 565 and the counter-trend rally is on. BKX depicts internal market weakness and the downside collateral damage has maintained BKX 780 death row support with close of BKX 787.34. BKX 780 + close needs to be maintained and I would like to see BKX back above BKX 805 for starters to apply the tourniquet pressure to stop this massive market bleeding in the financial sector. I have been bloodied again just like the week culminating into 9/21/01 and this too shall pass. Regular Series: 100% Long NDX OTC Dynamic Series: 100% Long SPX TITAN Best Regards, J.T.