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To: Dale Baker who wrote (30833)8/18/2002 5:32:20 PM
From: Paul SeniorRespond to of 118717
 
LOL!



To: Dale Baker who wrote (30833)8/18/2002 6:53:53 PM
From: fletchbRead Replies (2) | Respond to of 118717
 
Dale,

I would like your opinion on a market strategy. I was lucky enough to buy Rydex double up long fund RYVYX at $8.40. I added to it because I realized that the local bottom was in. This bottom was good enough IMHO, that it may be the yearly bottom but that's another subject.

This fund was valued over $350 when the NDX was at 4000 just two years ago. Now I don't know when the NDX will be at 4000 again (3 to 12 years?) but to go from lets say 10 to 350 is a very nice return. The fund takes the fun of selecting different tickers but just may be one of the best portfolio healers I can think of.

Thoughts,
Fletch

bigcharts.marketwatch.com

bigcharts.marketwatch.com