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Gizmo

10/04/03 1:11 PM

#157883 RE: Ace Hanlon #157880

Started a position in Rydex Juno when the 30 year Bond was yielding under 5% last week. I plan to average in on further dips. Seems like a good way to play the inevitability of rising rates as bond yields reverse from 40 year lows.

Gizmo

Zeev Hed

10/04/03 1:25 PM

#157890 RE: Ace Hanlon #157880

I don't disagree, that is why I have 2005 as a nasty bear market. I doubt interest rates , at least on the short end will change much before next year's elections.