SI
SI
discoversearch

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 : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chainik who wrote (48642)1/2/2006 6:57:31 PM
From: Tommaso  Read Replies (1) of 110194
 
Actually RYVNX IS a levered bear fund, based on the ^NDX.

If the NDX goes up, you lose double. If it goes down, you gain double. So it actually compounds. That's what makes it look so bad right now: the NDX is generally up for 2005 and that has ratcheted RYVNX down. But in the event of a protracted decline, the gain would be enormous.

But you have to be right, as I said. If I lose, I do not blame RYDEX for doing exactly what it claimed to do.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext