Rydex Nova/Ursa, Make money in both up and down markets. Message Board

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Strategies & Market Trends : Rydex Nova/Ursa, Make money in both up and down markets.

RYURX 93.36

+0.2%

Jan 13 4:00 PM EST

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To: Skipperr who wrote (134)	8/27/1998 5:28:00 PM
From: doniam	Read Replies (1) of 195

I kept my short position in SPY. May cover tomorrow AM on an expected gap down. If I wished to neutralize my USRA I could go long an equal amount in SPY and close both positions at 4 PM tomorrow and any gain or loss in SPY will be offset in USRA thus having the effect of closing USRA tomorrow AM Good trading

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