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Reply to Skeeter:
Hi Skeeter,
Thanks for your reply. Yes, the inverse funds are working now, but I will be caught going the wrong way whenever the market turns around. I am trading ProFunds mutual funds and using StockCharts.com for my charting. …
Skeeter, I have my shorts on (inverse mutual funds) in my IRA. From my charts, it looks like it will be a while before I put on my buying britches.
Tony
Ted, thanks for the info on your investment plans and the CXO reference. Bee, thanks for the nice visualization of the strategy's recent performance.
Best, Tony
Hi MJG,
I think that most folks here consider Technical Analysis to be some kind of voodoo, or at the least, junk science. However, I'd like to make a point. I consider that T/A is the antithesis of information overload. As opposed to Fundamental A…
In my market timing account, I sold all of RYVYX. I put 2/3 into cash and 1/3 (so far) into RYIRX. The overlays and indicators that I use all show a downtrend starting in the Russell 2000.
Reply to @catch22:
Catch, I am following my charts and have a large portion of my portfolio in the 5 Rydex funds that I mentioned, hoping to take advantage of the downtrend. The rest is in low risk investments - sort of a barbell portfolio, but st…
Hi Catch,
Thanks for your background note. As to why I am using index mutual funds versus ETFs, it is partly from familiarity with prior use when I had a 401k. Also, some investment advisors that I tried prior to going it alone use them: Palisades …
Catch, I think you have gotten good info so far on the mechanics of using ETFs or mutual funds when you decide to go long or short, but are you all set with how to make these decisions? If not, I may have some ideas for you.
In my IRA, I recently sold some RYMXX and bought some RYCWX, RYWYX, RYVNX, RYIRX, and RYTPX. I did this based on charts of technical indicators, overlays, and market indicators.
Hi MJG,
I don't have any particular insights, but I thought that all your effort on this post warranted a response. I became aware of the writings of Harry Browne and PRPFX through the Fund Alarm forum. After suffering through the last 2 bear marke…
Maurice, by one definiton, we have been in a bear market since about August 11. That was when that the 50-day moving average of SPX's price fell below its 200-day moving average. So rather than basing the deployment of cash on the level of the DJIA,…