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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (9818)4/16/2003 8:49:12 AM
From: TheSlowLane  Respond to of 39344
 
Don't know if by non-future you mean a fund that is available currently or one that does not use futures. At any rate, Rydex has a bond short fund:

Rydex Juno Fund is designed to provide investment returns that inversely correlate to the daily performance of the current Long Treasury Bond. Should the long bond prices decline; Juno’s share price should increase. Of course, if long bond prices increase, Juno’s share price would decrease. Investors also need to understand that investing in an inverse fund involves certain risks, which may include increased volatility due to the use of options or futures.

rydexfunds.com



To: russwinter who wrote (9818)4/16/2003 10:06:44 AM
From: BSGrinder  Read Replies (1) | Respond to of 39344
 
Russ, I will also vouch for Rydex Juno (RYJUX) as an inverse bond fund. It was pointed out to me by a reliable source whom I cannot reveal, except to tell you that his name is Mike Burke. <g> /Kit



To: russwinter who wrote (9818)4/16/2003 10:08:25 AM
From: Bat Man  Read Replies (2) | Respond to of 39344
 
BGI, good news coming, $3.4 U.S. million coming in the next two months from GSC.
Elmer



To: russwinter who wrote (9818)4/16/2003 12:07:11 PM
From: jimsioi  Read Replies (1) | Respond to of 39344
 
Russ, non futures bond short candidate: TLT

One might try the 20 year bond tracker TLT for shorting bonds. Looking at the chart it already looks ready to tip over.

Out of QQQs early as the market opened on its high, as the extension of Gallemore's hourly indicator going into the open suggested it would, and has since slipped rather notably in the case of the DOW.

As for Gold - tracking with the dollar....good to see that corelation working. HUI over 126. I share your surprise that the commercials have not covered more, or at least to the degree they did in Silver.