Replies to post #13906 on Value Microcaps Motherboard

[lentinman]

OT: Kipp: RYVNX:

I believe I may have mistyped it somewhere along the line. It isn't RY d NX, it is RY v NX. Sorry about that.

This is a double beta inverse of the NAS 100. In other words, it will go twice as far in the opposite direction.

BUT PLEASE REMEMBER: I do not own any. I am 80% cash. That is my hedge. I decided, and have no reason to question my decision, that I am going 10% in RYVNX to hedge my 20% long position WHEN Brinker makes his call or some other catastrophic event happens.

I have never been (overall) SHORT the markets. I consider being market neutral to be great position enough -- if the markets tank.

Len

[FinancialAdvisor]

RYVNX... all systems go...

see #msg-6999324 for my analysis...