Replies to post #565 on Profunds index and sector trading (PRO)

[was Steve]

Thanks George. i will have to go back thru this soon when my head isn't killing me from sinus problems. hard to think right now.
steve

[was Steve]

trying to grind my way thru this. i was looking at larry's and did it like his. what you are suggesting makes a lot of sense, but im having difficuly making it happen in the excel spreadsheet.
did larry do his wrong?
steve

[was Steve]

i think i got it gigged now. your post was very informative and helpful. thanks a bunch george. the spreadsheet now roughly equals your totals. im sure there is some rounding error in there.
to do a check i compared the acct values then and now to these figures and it was close. one variable was i rolled a 401k (only like 6k) into the IRA so that is part of the offset.
all trades were 100%, but for times where i do partials(like today) i will have to adjust for that.

for ex, lets say the market actually does go down tomorrow ( stop laughing!) and i close out my two short funds. since i put an even 50% of acct in each i can add the % gains up and divide by two and use the one number(take the avg basically).

for times where i only go 50% of the account, i will have to divide my gain/loss by two.

for times where i go 40 one and 60 another i will have to do a weighted avg of the two.

would these be correct by your thinking?
steve

ps am i freaking crazy shorting this monster or what???

[WinLoseOrDraw]

that's only true if you reinvest winnings. there is no requirement that that be the case, and there are many perfectly valid reasons why someone might not want to.