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 (11052)	3/6/2002 9:33:54 AM
From: Murray Grummitt	Read Replies (1) \| Respond to of 19219

What does "S.T. BEARISH on a break" mean exactly? Gold appears in a trading range with support at $292 and first resistance at $300. So are you saying if Gold breaks to $300+ it becomes bearish? I concur. Yesterday I transferred 50% out of Japanese funds into Gold funds. The Nikkei RSI is over 70. stockcharts.com[w,a]dacaynay[dc][pd20,2!h.02,.20!f][iUp14,3,3!Ub14]&pref=G Last night the Nikkei rallied and sold off to end up a paltry 0.09%, not yet updated on Stockcharts. So I will see a gain on my remaining 50% in Japanese. Make up for yesterday's loss! astrikos.com I anticipate gold will not rally significantly until after option expiration, but I want to be in because it is close to good support and everything else looks short term overvalued. stockcharts.com[w,a]dacaynay[dc][pd20,2!h.02,.20!f][iUb14!Ul14]&pref=G

To: J.T. who wrote (11052)	3/6/2002 3:31:50 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex. Switch 100% from SPX Long TITAN to 100% Money Market before tonights close. Remain Long NDX OTC. Nothing has changed my long term prognosis. BKX is approaching triple overbought levels and this weighs down SPX as it turns for pullback to digest monster gains.. Best Regards, J.T.

To: J.T. who wrote (11052)	3/6/2002 11:37:02 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Wednesday, March 6th, 2002: ************** Money Market 1.291 BILLION *********** Regular Series: (100% Correlation to Index (Nova 150%)) SPX Long - NOVA 320.5 Million SPX Short- URSA 233.1 Million NDX Long - OTC 888.9 Million NDX Short- ARKTOS 99.0 Million ********** Dynamic Series: (200% correlation to Index) SPX Long - TITAN 158.9 Million SPX Short- TEMPEST 151.7 Million NDX Long - VELOCITY 255.8 Million NDX Short- VENTURE 163.9 Million ********* Sector Funds: XAU Precious Metals 69.3 MillionS.T. BULLISH XOI Energy 47.0 MillionBEARISH OSX Energy Services 55.8 MillionBEARISH BKX Banking 28.4 Million BTK Biotech 299.7 Million RUT 2000 - MIKROS 117.6 Million RLX Retail 84.9 Million ******************************************* XAU Rydex TA sentiment read turns Bullish to my surprise assets decreased on a smart upside gain. Chalk one up for bobby, margin, tippet and texas holdem.. the dollar broke nicely and is oversold on 5 day rsi..but can go below double oversold unless today is a one day false downside break. I have immediately changed to Bullish although this may only last for a few days. Whatever the break in the wedge: charts-d.quote.com:443/1015475466290?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:XAU.X&Interval=D&Permission=314020&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=&Param3=&FontSize=10 Play it and ride it above XAU 66.57 Long to XAU 71.80 or below XAU 63.45 Short to XAU 58.80. XAU closed at XAU 65.66 up 1.72 (+2.69%). Regular Series: 100% Long NDX OTC Dynamic Series: 100% Money Market Best Regards, J.T.