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

To: J.T. who wrote (11754)	4/27/2002 12:31:52 AM
From: J.T.	Respond to of 19219

Rydex Total Assets Update for Thursday, April 25th, 2002: ************** Money Market 1.711 BILLIONBULLISH Double Overbought Highest Close Since 2/19/02 ************* Regular Series: (100% Correlation to Index (Nova 150%)) SPX Long - NOVA 221.4 MillionBULLISH Lowest Close Since 2/22/02 SPX Short- URSA 269.4 MillionBULLISH Highest Close Since 2/28/02 NDX Long - OTC 678.2 MillionBULLISH Triple Oversold New 3 1/2 Year Low NDX Short- ARKTOS 141.6 MillionBULLISH Highest Close Since 2/13/02 ********** Dynamic Series: (200% correlation to Index) SPX Long - TITAN 116.6 MillionBULLISH SPX Short- TEMPEST 159.8 MillionBULLISH NDX Long - VELOCITY 160.5 MillionBULLISH Lowest Close Since 2/28/02 NDX Short- VENTURE 188.9 MillionBULLISH ********* Sector Funds: XAU Precious Metals 82.9 MillionBEARISH XOI Energy 41.1 Million OSX Energy Services 80.3 MillionBEARISH BKX Banking 54.3 Million BTK Biotech 191.5 MillionBULLISH Triple Oversold Near 3 1/2 Year Low RUT 2000 - MIKROS 124.6 MillionBULLISH RLX Retail 29.6 MillionBULLISH Double Oversold Telecommunications 5.9 MillionBULLISH Oversold ***************************************** The boyz deliver the the call for collateral damage needed to get the thorough rinse and washout needed to reverse course. I noted with 1 1/2 hours to go before the bell we needed to stay down and deflate the hope for rally in order to get the sentiment numbers to exude fear. Message 17389281 The market delivered and now let us see the numbers unfold first with rydex tonight and then over the next week and several weeks lag... It all started to unravel with 1 hour and 45 minutes to go before the close. It was picture perfect. DOW charts-d.quote.com:443/1019876164010?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:INDU&Interval=1&Permission=1150922&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10 SPX charts-d.quote.com:443/1019881245780?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:SPX.X&Interval=1&Permission=419803&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10 COMP charts-d.quote.com:443/1019881285760?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:COMPX&Interval=1&Permission=505440&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10 To think of it outside the box microscopically in the scheme of the big picture: In the last 1 hour and forty five minutes of trading: The DOW sacrificed 100 points, the SPX sacrificed 12 points, and the COMP sacrificed 25 points and RUT sacrificed about 4 points to get sentiment working toward BEARISH extremes needed to formulate this last low before the initial takeoff and then mother of all takeoffs in the NEW BULL LEG UP. RUT is still ABOVE RUT 500. We have kissed the bottom of the DOW 21 day 3 1/2 exponential trading band needed to reverse course. All major indices are below double oversold levels on a 5 day RSI test except the RUT which is simply oversold. NDX is right above triple oversold levels and Rydex Long OTC TA confirms reversal is NIGH. I got time on my hands this weekend. Lets bring it on. Regular Series: 100% Long NDX OTC Dynamic Series: 100% SPX Long TITAN Best Regards, J.T.

To: J.T. who wrote (11754)	4/27/2002 7:17:40 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Friday, April 26th, 2002: (Revised to Correct day and date) ************** Money Market 1.711 BILLIONBULLISH Double Overbought Highest Close Since 2/19/02 ************* Regular Series: (100% Correlation to Index (Nova 150%)) SPX Long - NOVA 221.4 MillionBULLISH Lowest Close Since 2/22/02 SPX Short- URSA 269.4 MillionBULLISH Highest Close Since 2/28/02 NDX Long - OTC 678.2 MillionBULLISH Triple Oversold New 3 1/2 Year Low NDX Short- ARKTOS 141.6 MillionBULLISH Highest Close Since 2/13/02 ********** Dynamic Series: (200% correlation to Index) SPX Long - TITAN 116.6 MillionBULLISH SPX Short- TEMPEST 159.8 MillionBULLISH NDX Long - VELOCITY 160.5 MillionBULLISH Lowest Close Since 2/28/02 NDX Short- VENTURE 188.9 MillionBULLISH ********* Sector Funds: XAU Precious Metals 82.9 MillionBEARISH XOI Energy 41.1 Million OSX Energy Services 80.3 MillionBEARISH BKX Banking 54.3 Million BTK Biotech 191.5 MillionBULLISH Triple Oversold Near 3 1/2 Year Low RUT 2000 - MIKROS 124.6 MillionBULLISH RLX Retail 29.6 MillionBULLISH Double Oversold Telecommunications 5.9 MillionBULLISH Oversold ***************************************** The boyz deliver the the call for collateral damage needed to get the thorough rinse and washout needed to reverse course. I noted with 1 1/2 hours to go before the bell we needed to stay down and deflate the hope for rally in order to get the sentiment numbers to exude fear. Message 17389281 The market delivered and now let us see the numbers unfold first with rydex tonight and then over the next week and several weeks lag... It all started to unravel with 1 hour and 45 minutes to go before the close. It was picture perfect. DOW charts-d.quote.com:443/1019876164010?User=demo&Pswd=d... SPX charts-d.quote.com:443/1019881245780?User=demo&Pswd=d... COMP charts-d.quote.com:443/1019881285760?User=demo&Pswd=d... To think of it outside the box microscopically in the scheme of the big picture: In the last 1 hour and forty five minutes of trading: The DOW sacrificed 100 points, the SPX sacrificed 12 points, and the COMP sacrificed 25 points and RUT sacrificed about 4 points to get sentiment working toward BEARISH extremes needed to formulate this last low before the initial takeoff and then mother of all takeoffs in the NEW BULL LEG UP. RUT is still ABOVE RUT 500. We have kissed the bottom of the DOW 21 day 3 1/2 exponential trading band needed to reverse course. All major indices are below double oversold levels on a 5 day RSI test except the RUT which is simply oversold. NDX is right above triple oversold levels and Rydex Long OTC TA confirms reversal is NIGH. I got time on my hands this weekend. Lets bring it on. Regular Series: 100% Long NDX OTC Dynamic Series: 100% SPX Long TITAN Best Regards, J.T.