Replies to post #5575 on Profunds index and sector trading (PRO)

[Namiar]

Since Steve does not seems to be in agreement about my slippage contention, I did a quick little study comparing NDX to 1/2 UOPIX.

It seems I may have overstated a little. Going back 2 months, I have a difference of about 0.4%, the NDX exceeds 1/2 UOPIX. This is 0.4% if one was invested 100% over that time.

Probably my loss is in hundreds, not thousands.

BTW, starting off the week in cash. I made some nice changes to the trending portion of my model over the weekend that bore fruit in the backtest. Will discuss some tomorrow or when I have time.

Re: Master and Commander. Alas! I have had no time to read books since my AMTRAK commute to 3Com abruptly ended in mid 2001. What little time I have is used to do household projects and NDX models. I must say television sitcoms have truly just plain lost it (I catch the back end of one periodically). Does every show have a wacky gay neighbor and a brazenly slutty female secretary?? And I note that these so-called sitcoms like to do their part for social engineering. Some character in the cast will stand up and make a stand for some issue. But the suble social engineering is when the audience claps and cheers in support of the stand taken. The passive sheeple watching television at home subconciously associate the audience applause as sweeping support for the position taken.

Oh well, enough rant for tonight . . .

[doniam]

Someone over on SI did a study and concluded that the slippage on the Rydex 2x funds was very bad.

Guess my excuse for continuing to use them instead of the 1x is
1. Saving of margin interest charge or interest earned on the other half of the position is an offset.
2. This is a price I have to pay to be able to trade at the morning price fix.