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


To: exp who wrote (27091)1/30/2003 2:46:03 PM
From: farkarooski  Read Replies (1) | Respond to of 30712
 
<<... what is your opinion re trading leveraged ndx funds like rydex or profunds (essentially similar to trading qqq long/short on full margin) as far as excessive risk is concerned.>>

the problem with these funds is you only buy/sell at the closing price ...



To: exp who wrote (27091)1/30/2003 3:26:39 PM
From: Mike M  Respond to of 30712
 
George I try to stay away from anything that smacks of a derivative... I still trade individual stocks and even shorts but have never dealt with Ndx or Ryder funds...Sorry.



To: exp who wrote (27091)1/30/2003 3:32:14 PM
From: sun-tzu  Respond to of 30712
 
it's been suggested that the slippage on leveraged funds approaches that of deep in the money options. that may be true but i have slugged it out far too many times with options specialists and they always win. option specialists are the biggest thieves in the pits.

if NDX is down 2% then RYVNX can be estimated to be +4%. that works for me.