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Strategies & Market Trends : The Millennium Crash

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To: JDinBaltimore who wrote (4590)10/15/1999 7:53:00 PM
From: John Dally  Read Replies (1) of 5676
 
Hi JD,

First, there was some screwed up price change mistakenly recorded for the BEARX fund yesterday. I think Yahoo showed -.45 when in fact the figure was -.04.

As far as performance, the best way to rate the BEARX fund is to compare it with RYURX, the Rydex Ursa fund, a fund that is designed to mirror the S&P 500 index.

Here's a 2-year comparison:

tscn.com

So, it looks like BEARX is using more leverage than RYURX. BEARX seems to outperform in a CRASH, but underperform (it suffers more than RYURX) when the market rises.

In the end, you still end up with a timing challenge . . .

It's usually no fun being a bear. -g-

Best regards, JDinSaratoga
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