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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: bill meehan who wrote (71873)10/26/1999 3:18:00 PM
From: pater tenebrarum  Respond to of 86076
 
Bill, i don't know how big these funds are...but you can see on that chart that the Rydex ratio is quite good at indicating turning points. usually it spikes up before the bond turns higher. i agree though that Thursday's data could spark a relief rally, even if they're not good. only if they are truly horrible could we see the market tank further. what's missing in the bond so far is a capitulation sell-off though.



To: bill meehan who wrote (71873)10/26/1999 11:26:00 PM
From: Tim McCormick  Read Replies (1) | Respond to of 86076
 
There was an article at Bloomberg.com yesterday which named the Rydex Juno fund(short bond futures) as the best performing bond fund of the last 12 months. In the article they seemed surprized to report that despite this performance, assets in the fund had declined from 27 mil. to 18 mill. Thusly, point taken as to size relevance skepticism, even though negated by good inverse dollar flow predictive record. Tim