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To: Les H who wrote (1519)	2/24/2002 12:01:03 PM
From: Todd Reichardt	Read Replies (1) \| Respond to of 29597

The Rydex info is very interesting, thanks for the link. I either don't know if I fully understand or agree with this part though: <<<While the Ratio levels seen in 1998 may seem to be the historical benchmark, Rydex total assets are now about twice what they were in 1998, and it will be difficult for the Ratios to reach 1998 extremes now or in the future because of the greater mass of money that has to be moved to attain higher ratios.>>> What difference does the mass of money make. Individuals move money with simple phone calls. Who cares if the individuals have to move twice as much or if twice as many individuals have to make a move or somewhere in between? Todd