Profunds index and sector trading

[otraque]

i admit that if we get to this level << Upon a NDX move above 1560, I will take a position in the Rydex Velocity (RYVYX) Fund.>> in terms going loooooong term(and i mean loooong) in the Rydex Venture fund i will be slipping into intuitive mode and deciding whether or not to put at least 50% of significant position.
Reason being a year from now no matter how much we may go farther than 1560 the 1560 mark will be nonetheless shattered and long loong gone as we move deeper into 2005.
It be should noted the mandatory expensing of options by 2005 took a big step towards being finalized this week.