Replies to post #17686 on Profunds index and sector trading (PRO)

[jrintl]

Hmm...bulls looking up...(some, many bears?) looking a small retrace here (and then some more up).

What scenario is not covered? g,ng (my meaning: Could happen the thing no one/few expect?)

I see a bad moon a risin' gg

[michael03332002]

Steve, I think you just answered my ? but have a small position in RYVNX and looks as if need to close out as of EOD today, cuz if we touch your low tomm, will reverse and head back up, thoughts?

M

[choad]

Steve, I don't know much about profunds rising rates but the rydex fund RYJUX is no doubt comparable but it is not supercharged. My biggest complaint with it is that the fund follows the benchmark quite poorly, it appears that much of the potential return is eaten up by constant position adjustments i.e. very high transaction costs.