A.I.M. For Exchange Traded Funds

[DonCarlson]

For those of you that pay attention to ETF Sectors, you might find this interesting---as of 8/4/06:

 Based on TASC 8/06 Issue by AJ Jani 
       and backtested from 12/98 to 4/06: 
       Whenever 5 of 15 Rydex Sector funds are 
       below their Sma25 the average SP500  
       Ann Return for the next 30 days is -13.7% 
       Whenever all 15 funds are below their Sma  
       the SP500 Ann for next 30 days is 34.6% 
  
     Funds Below Sma25    Average SP500 Ann Return  
                          in next 30 Mkt Days 
                                                  
           0                  6.49% 
           1                  3.75 
           2                  0.28 
           3                 -2.75 
           4                 -5.11 
           5                -13.74 
           6                -10.46 
           7                  0.49 
           8                 -2.49 
           9                  0.15 
          10                  1.54 
          11                  3.06 
          12                  6.85 
          13                 13.43 
          14                 20.14 
          15                 34.61 
                                       
  
                      08/04/06  08/03/06  08/02/06  08/01/06  07/31/06  07/28/06 
                      --------  --------  --------  --------  --------  -------- 
   Funds Below Sma25      7.00      4.00      7.00      8.00      7.00      7.00 
                     
  Total Number Funds     15.00     15.00     15.00     15.00     15.00     15.00 
                     
 \ft\Below.fnu created 
  
                                        PctAbvMA 
                                        -------- 
 RYPMX  Rydex INV:Precious Metals/216       2.89 
 RYKAX  Rydex ADV:Banking/342               2.35 
 RYFIX  Rydex INV:Financial Services/2      1.94 
 RYHIX  Rydex INV:Health Care/233           1.80 
 RYEIX  Rydex INV:Energy/231                0.85 
 RYCAX  Rydex ADV:Consumer Products/33      0.43 
 RYOAX  Rydex ADV:Biotechnology/343         0.13 
 RYTIX  Rydex INV:Technology/234            0.07 
 RYRIX  Rydex INV:Retailing/238            -0.00 
 RYBIX  Rydex INV:Basic Materials/235      -0.37 
 RYSIX  Rydex INV:Electronics/244          -0.44 
 RYMAX  Rydex ADV:Telecommunication/33     -0.59 
 RYVIX  Rydex INV:Energy Services/241      -1.51 
 RYLIX  Rydex INV:Leisure/237              -2.42 
 RYPIX  Rydex INV:Transportation/240       -6.17