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.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (10929)3/2/2002 5:28:11 PM
From: Gamma Positive  Read Replies (1) | Respond to of 19219
 
You write:

"I have been pounding home the message for weeks now (follow the attached link I am responding to) and all of a sudden the chinese bamboo tree has sprouted and soared to the blue sky over night."

and post prior to that:

"Rydex read vindicated again..."

Your Rydex numbers are much appreciated, but regardless of the BULLISH (or BEARISH) tags you attach to them, the ones that speak out the most are these, first posted

Thursday, January 10th 2002
Message 16893296


Regular Series: 100% Long NDX OTC
Dynamic Series: 100% Long SPX TITAN


You cannot thump your chest so proudly when the Dynamic Series SPX (RYTNX) was 13.44 on 1/10/2002, and yesterday it is at 12.72. That's a return of 94.6 cents on every dollar. Nothing I would be too proud of.

And even worse, the regular series NDX OTC (RYOCX) was 11.61 on 1/10/2002, and yesterday it is at 10.05. A worse return of 86.6 cents on every dollar.