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Re: MrMom post# 112921

Friday, 05/30/2003 12:16:42 PM

Friday, May 30, 2003 12:16:42 PM

Post# of 704049
MrMom - re: ryvnx

I have had very good luck with ryvnx and its long companion ryvyx. Just remember its double short the ndx 100. The truly magnificent way to play ryvnx is to allocate into it as the market goes up, if you are able to. I think your initial buy has to be $25,000. Let's say the Naz goes up here from 1600 to 1700. You might buy some ryvnx at 1600, some at 1625, 1650, 1675, etc. Don't just dump all your money in at one index level. True for all short plays, (or long plays) they must be allocated.

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