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

To: J.T. who wrote (11941)	5/1/2002 12:12:06 AM
From: Herschel Rubin	Read Replies (3) \| Respond to of 19219

Anybody know what has happened to the CME Globex Futures link? globex2.com I've been using this daily for a long time and they must've changed the link because now it says, "page cannot be displayed." TIA!

To: J.T. who wrote (11941)	5/1/2002 12:26:42 AM
From: Killswitch	Read Replies (1) \| Respond to of 19219

Here's a thought relating to why the dynamic funds may not have caught up yet: we may be effectively in early Feb. What I mean is that if you'll recall we hung around at high Rydex ratios during most of Feb, and it wasn't until we had a rally fail and then we went down into Feb 28 that we got the really highest spikes in the dynamic funds. If we go through something similar here then this rally attempt will fail and we will hang around at high ratios for a while longer.

To: J.T. who wrote (11941)	5/1/2002 8:07:28 AM
From: marginmike	Read Replies (1) \| Respond to of 19219

seems bullishness returned mightily in 1 day, no?

To: J.T. who wrote (11941)	5/1/2002 10:21:40 AM
From: High-Tech East	Read Replies (1) \| Respond to of 19219

J.T. ... is this broad sell-off this morning directly related to Ed Zander's leaving Sun Microsystems? ... SUNW has been, by far, my biggest all-time winner (in both % gain and dollars) ... I am feeling very thankful to have sold it all in January, 2000 ... my old friends on "All About SUNW" must be ill this morning ... Ken Wilson

To: J.T. who wrote (11941)	5/1/2002 10:25:52 AM
From: marginmike	Read Replies (2) \| Respond to of 19219

As I noticed yesterday, the prop job is failing, BKX 868 is broke, if 506 on the sox breaks we could really crash-ng- To:J.T. who wrote (11908) From: marginmike Tuesday, Apr 30, 2002 2:34 PM Respond to of 11951 this rally is very suspect, IBM depite its chearleading is up less then .50. Futures trading below FV all day, and RTH and Housing stocks going the wrong way. The action in the BTK is the only strong positive that this rally has legs. This is the last day of thequarter this type of move is almost like clockwork on the 30th,31st. If we fade or dont follow through by thursday this advance will be erased quiker then it materialized. Then again I am short and getting clobered so I am biased-g/ng-

To: J.T. who wrote (11941)	5/2/2002 12:27:37 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

Rydex Total Assets Update for Wednesday, May 1st, 2002: ************* Money Market 1.444 BILLIONBULLISH Overbought ************* Regular Series: (100% Correlation to Index (Nova 150%)) SPX Long - NOVA 244.1 MillionBULLISH Decrease on Up Day?? SPX Short- URSA 250.7 MillionBULLISH NDX Long - OTC 709.2 MillionBULLISH Increase on Down Day NDX Short- ARKTOS 129.0 MillionBULLISH ********** Dynamic Series: (200% correlation to Index) SPX Long - TITAN 141.6 MillionBULLISH SPX Short- TEMPEST 160.8 MillionBULLISH NDX Long - VELOCITY 192.6 Million NDX Short- VENTURE 183.8 MillionBULLISH *********** Sector Funds: XAU Precious Metals 71.6 MillionS.T. BULLISH (ask finsterwald<g>) XOI Energy 39.4 MillionBULLISH OSX Energy Services 95.9 MillionBEARISH Overbought BKX Banking 63.0 Million BTK Biotech 187.0 MillionBULLISH Triple Oversold Near 3 1/2 Year Low RUT 2000 - MIKROS 160.1 MillionS.T. BEARISH RLX Retail 30.2 MillionBULLISH Oversold Telecommunications 6.8 MillionBULLISH Oversold ******************************************* From the Bears perspective today, we now know that pigs do fly. We got most everything we could have asked for in last nights update. A bifurcated market with BKX finding a way to stay above BKX 871 after an ugly morning. And to top it off, a decrease in BKX TA in Rydex. From Last nights update: ...<For the market to do my bidding for me tomorrow, I would actually like to see a sloppy bifurcated market, one index up the other two down (or vice versa (DOW, SPX, COMP) which will hopefully create more seeds of doubt to any meaningful or sustainable continued market rally. This would, in turn, get TA levels more skeptical on the slope of hope in short order again. And if by some chance BKX can close above BKX 871 with BKX TA coming right back down I would be tickled pink. Of course, the market rarely does my bidding and asking for all these things to pass is like asking pigs to fly.... After the nightmare with WCOM and pathetic tape in CSCO and ORCL, tech was mired in a quagmire all day. And SOX 534 hit intraday high area, but dropped like a stone into the bell to close at SOX 527.24. Next time I'll call (SOX) 867-5309 to get its number on close. <g> Regular Series: 100% Long NDX OTC Dynamic Series: 100% SPX Long TITAN Best Regards, J.T.