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lentinman

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lentinman

Re: FinancialAdvisor post# 7993

Wednesday, 05/18/2005 12:22:23 PM

Wednesday, May 18, 2005 12:22:23 PM

Post# of 25966
FA:

Without looking it up, I'm sure that fund is a double or triple beta - meaning it will significantly overperform OR significantly underperform. I plan on putting 10% into a double beta RYDEX short fund when Brinker makes his call - which would cover my 20% long position and make me, effectively, market nuetral.

Having said all that, I wasn't advocating shorting an ETF anyway. I was just saying I prefer trading ETF's over mutual funds. They are a ton easier to get in and out of without all this next-day crap.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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