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Re: OldAIMGuy post# 19063

Wednesday, 03/01/2006 11:15:55 AM

Wednesday, March 01, 2006 11:15:55 AM

Post# of 47169
Keep us posted on your Rydex activities. It's a very intriguing potential that many of us have dreamed about. I'm only using the bullish side of the enhanced index funds. I use a high yield bond fund for the "dark side."

Hi, Tom,

I've been using the URPIX Profunds Ultra Bear Fund and what I've found with it is that it acts as a good ballast to everything else, moderating the up-and-down's of the market. My holding is about 9.6% of the total portfolio, with 21% cash reserve total, giving a slightly over 30% portion either cash neutral or working "against" the equity side. I AIM this one by itself so that the 'dampening' influence doesn't affect the rest of the holdings. $16.22 is the next buy price and it jumped up nicely last night so it's thinking about a buy, but not too hard just yet. If the market rallies I may get that buy order but so far it seems like a useful position to have.

Best,

AIMster



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