micros ramblings

comments on investing by themicrokid. mutual funds, index funds, leveraged funds by Rydex, common stocks, closed end funds - CEF, exchange traded funds - ETF, and market timing are areas of interest.

Friday, March 17, 2006

A slight bit of pain today, but sticking with my short term bearish thesis

I exchanged the last of the leveraged Rydex bullish funds for bearish funds. Plus I added a tad more to the RYCWX.

I still think there is a slim chance the market could break out to the upside. But, I am much more convinced a pull back will happen.

One concern I have, is I don't have in mind any scenario that takes me out of the bear funds until we have some slight correction. The good news from that standpoint is I have a strong enough bullish position in other funds to blunt the pain short of an all out rally.

Best of luck to you!

As always do your own due diligence and make your own decisions. No one knows for certain what tomorrow will bring. Only you can be responsible for your own decisions. I may hold bullish and/or bearish positions without warning and these may change without warning. This is only a part of my investment portfolio. This information is to help me understand my evolving decision process and for education or entertainment of others as desired.

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