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

To: J.T. who wrote (12807)	6/15/2002 5:20:03 AM
From: Steve Lee	Read Replies (1) \| Respond to of 19219

"The Bears had their last chance. Three strikes and ur out. Guess what happened? They just struck out... ...I see what is coming dead ahead and it ain't gonna be pretty for the Bears... ...the hostage ride is over... ...The market is simply groping for a higher bottom... ...now next week belongs to the BULLS... ...a new Bull gets launched to the moon... ...Thanks for the discounts Mickey. Onward and upward we go. Look UP" Have you heard the story of the boy who cried "Wolf!"?

To: J.T. who wrote (12807)	6/15/2002 9:20:41 AM
From: Square_Dealings	Respond to of 19219

DOW 10,640 -10,650 IS DEVELOPING GOOD BAND OF RESISTANCE Message 9932187 looks like that band is still there J.T M.

To: J.T. who wrote (12807)	6/18/2002 3:19:31 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Rydex Total Assets Update for Monday, June 17th, 2002: ************* Money Market 1.548 BILLION *********** Regular Series: (100% Correlation to Index (Nova 150%)) SPX Long - NOVA 225.9 Million SPX Short- URSA 302.8 Million NDX Long - OTC 586.5 Million NDX Short- ARKTOS 136.0 Million ********** Dynamic Series: (200% correlation to Index) SPX Long - TITAN 130.4 Million SPX Short- TEMPEST 197.9 Million NDX Long - VELOCITY 181.9 Million NDX Short- VENTURE 214.4 Million Sector Funds: XAU Precious Metals 63.5 Million XOI Energy 24.5 Million OSX Energy Services 29.2 Million BKX Banking 29.2 Million BTK Biotech 147.8 Million RUT 2000 - MIKROS 48.0 Million RLX Retail 27.4 Million Telecommunications 6.9 Million SOX Electronics 99.1 Million ***************************************** Effective immediately, I have taken off all Bull or Bear tags to the corresponding index. I will be posting Rydex Total Assets on a more infrequent basis as you can get the data from the BearForum or other SI threads that feel compelled to provide the data as they wish. BearForum has done a nice job taking and copying all the rydex data from MITA since MITA starting posting daily Rydex updates on May 16, 2000. After inputting all the Rydex data from this thread in nice format, they have been keeping decent track of the total assets on their own. Kudos goes to Gary Smith in the book How I Trade For A Living who instilled the discipline in me to call Rydex every day come rain or shine and was a plowhorse for me towards expanding and validating Rydex as a useful sentiment tool. I have taken Rydex a step further and legitimized its validity. Nowhere can you find tracking daily dynamic sentiment better on a money flow basis than Rydex. It is what the traders are doing and how they are investing their money. Not saying one thing but doing another as I believe some other sentiment polls entail to a certain degree. Rydex sentiment analysis was rarely, if at all, talked about on SI before I brought it into full light and now it is brought up in one form or another literally everyday on SI and multiple other investing message boards.. As usual, the BKX was lead sled dog taking this market higher as it broke thru my BKX 858 resistance I mentioned in Thursdays update to close at BKX 867.61. We need a second close above BKX 858 so as to validate that this is not a one day false break. Today was breakaway gap number 1. I expect two more upside breakaway gaps between now and July 3rd as the squeeze accelerates. Regular Series: 100% Long NDX OTC Dynamic Series: 100% SPX Long TITAN Best Regards, J.T.