Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (83387)	3/21/2001 11:40:10 AM
From: Les H	Read Replies (1) \| Respond to of 436258

People were adding funds to both the Rydex Nova (long) and Rydex Ursa (short). Rydex Nova assets fell from 269.0M to 259.4M, a 3.6% decrease. However, the NAV of the fund fell 3.77% yesterday. This indicates a net inflow of funds invested. The Rydex Ursa assets rose from 238.7 M to 297.8, a 24% increase which is about 21.4% inflow of funds on top of the NAV increase.

To: Shack who wrote (83387)	3/21/2001 2:07:40 PM
From: pater tenebrarum	Respond to of 436258

well, it has risen to a two year high, but very little of that can actually be attributed to money leaving the bull funds and piling into the bear funds - for the most part it reflects the fact that the bull funds asset value has shrunk due to the decimation in the underlying indices, and vice versa for the bear funds. the most bullish aspect about it is the increase in MM fund assets, but imo as long as we keep going down, this is meaningless. only when we turn and the Rydex ratios begin to slowly fall again will a buy signal be given. the overall bear/bull funds ratio now stands at only 0,26. this is high only in the context of the mania's blow-off stage. at the '98 LOW, this ratio had risen to 2,0. another way of looking at it is that right now, only 26% of all Rydex assets (ex MM funds) are bearishly positioned. by no means an extreme.