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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (14680)1/30/2001 6:14:19 PM
From: budweeder  Read Replies (2) of 18928
 
Hi Tom; You show your kind heart again in your final paragraph.....There need be no regret on your part in regard to my following your lead on the 2X fund..I am a big boy, and fully responsible for my actions.....but thanks for those sentiments.

I have been trying to learn from this experience, because I intend to retain the leveraged funds as part of my portfolio.....I believe it will be prudent for myself, at least, to develop a defensive plan going forward.

Based upon the experience you have had with the Idiot Wave parameters.....what measurements of those parameters do you feel would signal a warning to assume a defensive posture, perhaps involving among others:

1. Moving a portion or all to 1X funds

2. Hedging a portion with the inverse 2X fund

3. Adjusting the SAFE levels.

4. ???

Regards, Bud
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