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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Bearcatbob who wrote (40471)3/20/2005 11:01:08 PM
From: edward miller  Read Replies (1) of 206118
 
RYVNX.... I should warn that I have read that some of the contracts associated with this fund are in instruments where the providers of the financial instruments may not be able to deliver on contracts (may default).

I feel that until a big bear move is well under way (yes, that means much lower than here) I will take some risk. Others may not feel comfortable, so you need to do your own DD and read the prospectus, etc.

If this market eventually cracks and we see real panic selling, then I will exit this one early or at least reduce exposure. Just to be clear, I am talking about at new bear market lows well below the late 2002 / early 2003 lows. Since I didn't think to make that comment and many others seem to not be familiar with this fund I felt that I should post this warning.

Ed
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