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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: farkarooski who wrote (10897)10/15/2002 2:44:45 PM
From: jtech  Read Replies (1) | Respond to of 30712
 
ryvnx(venture) 2x q short 88.39 this a/m close down around 10$ in one day. down 35$ from $123 10/9 until this a/m 88$



To: farkarooski who wrote (10897)10/15/2002 2:50:06 PM
From: Boca_PETE  Respond to of 30712
 
zz: re:("which one am I suppose to be in right now, I get totally confused !!!")

In this bear market, if you believe the NASDAQ will cliff dive to 1000 (and subsequently to 700); the inverse fund, RYVNX, is the vehicle that targets twice the inverse return of QQQ (ie. if QQQ return is -20%, then RYVNX attempts to be +40%, difference passed as immaterial IMHO). But, when and if we get there, you'll have to set your watch back at least 5 earth hours <grn>

P


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