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To: fletchb who wrote (30835)8/19/2002 1:31:16 AM
From: Dale BakerRespond to of 118717
 
I have contemplated using RYVYX but I didn't have as much faith that we reached a bottom yet (at least the final bottom). Too bad it's not an ETF where you could place a stop for days when the market goes against you.

In general I like the idea of using more sector ETF's to minimize individual company risk. OIH has been a nice way to play the oil patch. Once the slowdown looks like it's ending too, RTH should be a nice way to play the major retailers.



To: fletchb who wrote (30835)8/19/2002 1:23:12 PM
From: Jeffrey BeckmanRespond to of 118717
 
I'm also in RYVYX at about a 9.3 average, last buy with you at 8.4. It's about a 10% position. I had a couple of early attempts around 25-27 that quickly went sour.

On the positive side, I find it helps restrain me from chasing momentum stocks too much. So, I guess those losing trades may not be as bad as they look (g).