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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: flickerful who wrote (6668)	10/19/1998 7:41:00 AM
From: Stoctrash	Read Replies (3) of 44573

Flick...RYDEX--- Nova is designed to be a 1.5 beta fund for more bang on the upside than other pure index funds that follow the SPX trying to get that 1.0 beta. BTW...you wanna hear scarry...I was at the Bills game (go Flutie!!) with some college buddies for our annual booze & Bills thing. The accountant of the group just took a "BIG" job at one of the LARGE firms we've all heard of. He's been in the finance/accounting biz since 1991 & has passed his CPA exam. We'll one thing led to another and we started talking shop..., I started preaching about the dangers of funds and that they DON"T HAVE TO COME BACK, etc, etc. I hit the Beta topic and he had no idea what a beta was!! Funny part is that his firm does like 2/3 of all the major mutual fund company's books!! ...Typical...don't ask any accountant for investment advice.

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