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To: AllansAlias who wrote (45527)7/13/2002 2:24:07 PM
From: patron_anejo_por_favor  Respond to of 209892
 
My own take is you really have to take a longer term perspective with Rydex index funds...weeks to months, because they are in a sense more difficult to get out of quickly and therefore less "liquid" than competing instruments (index futures or Spyders). But they do work well in retirement accounts, especially when there are restrictions in margin and shorting.



To: AllansAlias who wrote (45527)7/13/2002 2:50:08 PM
From: sschatz  Respond to of 209892
 
AA- I bought the RYVYX bull fund on Tuesday 7/9/02.The NDX had started down that morning but at the time I had placed my order at 10:20am was coming back up.Ended up with buying near the HOD instead of the LOD.On Friday 7/12/02(after the Thursday rally)exited at the close(the AM price was better)
for a small loss.Definitely won't get any medals for the timing.
Thanks for your reply,
SS


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