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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Bernie Goldberg who wrote (5704)	9/22/1998 11:09:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Bernie, Jim Hadley from New York State and I have been corresponding on these exact funds. Right now he's modeling the two together! He's using the Bear fund as the "cash reserve" and the Bull fund as the "equity" side of the AIM equation. He says one needs some cash float as well, but only a small amount. Since the funds move almost the same percentage each day, but in the opposite direction, AIM would be telling one to "sell the equity" and in essence one would also be ready to "buy the cash reserve" side. It's an interesting concept. I don't know how the very long term bull market that we've had would show this to look yet. Would we just end up break even over time? I don't know how to judge it other than get some historical NAV info and plug it in. Jim's short term test results (starting earlier this year) show good results even with the crunch of recent times. He said he'd share the results with us when he had a bit more data. Thanks for bringing it up. For those that aren't aware of these funds, their symbols are" Ultra Bull - ULPIX Ultra Bear - URPSX Best regards, Tom