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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: genaro who wrote (13118)5/7/1999 6:34:00 AM
From: genaro  Respond to of 99985
 
dd 'ed Rydex. Not the same type as Profunds. eom



To: genaro who wrote (13118)5/7/1999 6:58:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Just updated the INDEX UPDATE at 6:55 am
homestead.com

seeya



To: genaro who wrote (13118)5/7/1999 8:02:00 AM
From: HighTech  Respond to of 99985
 
You can trade Profunds through Fidelity or Schwab at less than the minimum $15,000 if traded through Profunds. Fidelity's minimum is $5,000 and Schwab's is $2,500 I believe.

HiTech



To: genaro who wrote (13118)5/7/1999 9:56:00 AM
From: Compadre  Read Replies (2) | Respond to of 99985
 
Genaro: I prefer Profund for two reasons.

quote.yahoo.com

They have funds with beta of 2x vs 1.5x or 1x.

They take trade till 10 min. before the close vs 15 min before the close. If you get a heavy trading day where they are to busy to talk to you, as long as you call in before 3:45 Eastern time and hold on to the line, they will honor your trade on the same day that you called

The funds in Rydex that I like are the OTC fund and the Ursa fund. But they have all kinds of sector funds that would fit the current environment (sector rotation). quote.yahoo.com.

If you trade these funds through a broker there are some problems that I don't like. One of these is that you have to call your trade in one to one and a half hour early to get same day's prices. Second, some may not guaranty that you'll get the same day price even if you call in early. So if you trade through a broker is best to stick with SPDR's. If you use the higher volume ones for liquidity reasons they work out very well.

Regards,

Jaime

decisionpoint.com