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Bob, You
Bob Wiseman wrote:
> Bill:
>
Bob, You can call Rydex and they will give you the top ten stock holdings in
each fund. You can then build surrogate groups that correlate about plus.95
with the actual fund. Of course, you can go back about as far as you want.
The only thing is having the capability of getting the composite result of
each of the ten funds. There is a third party program that Metastock has that
can do this. I have AIQ and so I use that and import the data. A bonus is
that you have volume to work with in the surrogate.
> Wish we had longer track records on the Rydex sectors. Do
> they correlate with the old fidelity sectors?
>
> Good trading,
>
> Bob Wiseman
>
> Bill Saxon wrote:
>
> > I felt I could simplify my life by transferring all my sector money
> > from Fidelity to Rydex. There are fewer sectors to follow and I can
> > get my money out without penalty. In back testing, with what I look
> > at, the return is about the same. I don't even look at Selects
> > anymore.
> >
> > I can not find one single Rydex Sector Fund that I would want to own.
> > The only one that comes close is Energy. In the past, using surrogate
> > groups to mimic the actual fund, if at least 60% (excluding Energy,
> > Energy Service and Gold, who march to their own drummers) are not
> > positive it bodes badly for the Market.
> >
> > I consider myself an intermediate term investor. I am comfortable (I
> > think) in Ursa and cash until around the 19th when several cycle
> > bottoms are due (quote McClellan). I'll take a hard look then.
> >
> > What do you folks think?
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