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 93.16

-0.1%

Jan 12 4:00 PM EST

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To: epicure who wrote (138)	8/27/1998 9:58:00 PM
From: Skipperr	Read Replies (1) of 195

X - OK!... So... What do you expect the S&P to do tomorrow? Next Monday? Why do you expect that? Do you not believe that you have to ANTICIPATE the market to trade the Rydex Funds? You only get one shot, at the end of the day....I've tried Trend-Following before - it just doesn't work that well! By the way, why did you go to cash in your 401(K) two months ago? Wasn't that a bit early? I think we know what is supposed to happen - do you not think the seasonal month-end strength, along with the pre-holiday (Labor Day) strength is an important consideration - especially after the high-volume sell-off today? By the way, Yale Hirsch, in his 1998 Stock Trader's Almanac says that "Last three days before Labor Day UP 17 in a row" - That is next week! I'm looking to re-establish a short (buy Ursa) next week, on strength....that's my plan... What are you going to do? And, Why? It seems that you're more of an investor than a trader, am I right? No problem with that....but, I'm trying to TRADE these Rydex funds and am looking for any and all suggestions. What do you think we should consider in TRADING these funds? I'm just trying to establish some "Rules" for the "Game". Then, we can play to win....what do you think? Best regards, Skipperr

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