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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?

To: Dave Shares who wrote (54)	2/7/2000 9:41:00 AM
From: Tigress	Read Replies (1) \| Respond to of 428

Hi Dave, According to Rydex (800-820-0888), there will be two daily prices based on where the indexes are at 10:30 am & 4:00 pm. If you place an order at 10:25 am, you get the 10:30 am price, which is based on where the index is at that time. For instance, if the Naz is up 2% at 10:30 am, one fund will be up 4%, while the other will be down 4% at the 10:30 price. Ditto for end of day prices. So one could literally be invested in the morning and out by the close on the same day. Suppose this will be a confirmation of just how volatile the markets have been and will be going forward. Tig