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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (11896)2/13/2000 12:19:00 PM
From: marc ultra  Read Replies (1) of 15132
 
re:Rydex funds.I spoke very briefly with the head of Rydex funds asking him if he intends to compete against the more levereged index fund competitors like Profunds and Potomac which were started by former Rydex people. He said he currently has 2beta S&P and NAZDAQ 100 funds (I think long and short) in registration that will have the added feature of being priced twice a day. Should be interesting options when they come out. Sounds like all the index fund companies are feeling the heat of the SPY's and QQQ's among other things
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