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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (25380)2/6/2003 8:42:37 AM
From: J D B  Respond to of 57110
 
These funds (USPIX, RYVNX, etc) aren't in an inverse relationship with the underlying index, they are in a negative relationship.

Inverse = 1/index
Negative = -n x index

I know that Rydex & others advertise the inverse relationship, but they really should change their terminology to be correct.

All of this, is really meaningless, but it's a pet-peeve of mine!

Dave