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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (100481)6/22/2004 10:02:50 AM
From: Tommaso  Respond to of 132070
 
Hi Joan,

I have become a 50% convert from BEARX to RYVNX, because the latter does exactly what it says it will do (i.e. goes 200% contrary to the NASDAQ 100) whereas BEARX with its gold component and its eclectic Tice picks bounces around in its own fashion. Of course, BEARX has yet to really be able to show its stuff, having been frustrated by Greensapan's rescue of LTCM in 1999 and his subsidy of manias every since. I do remember moments in 1999 when BEARX would jump about 10% in a day--maybe not quite that much, but a lot. So I think its a good place to be and I still have a lot. But I like being able to look at the percentage gain for ^NDX, or loss, and double it, and know precisely at any moment what my RYVNX is doing.