TIMING INDEX MUTUAL FUNDS Message Board

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 : TIMING INDEX MUTUAL FUNDS

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: edward miller who wrote (40)	2/6/2000 12:04:00 PM
From: Lee Lichterman III	Read Replies (1) of 428

You make a good point in that we are attempting to fight the strongest index but by staying with teh NDX as much as possible, we are playing the most volatile index. The SPX swings in the 3-5% area while the NDX makes swings in the 10% range easily. If we can nail this index, the 1.8X ratio means large gains ( larger losses if we are wrong <ggg>) Since we have half our powder dry still, the downside risk still is not that large since we are also playing with some of the house's money after a few wins. At teh bottom of the tracking sheet, you can see that had we bought long and held, we would be flat or negative anyway. The upside seems to be somewhat limited and after teh strong rally last week, the NDX is due for a pullback if on nothing more than a fib retrace thus the risk and hope for the larger swings. Good Luck, Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next