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USAGX

Started by PIK. , Mar 21 2004 08:32 AM

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6 replies to this topic

#1 PIK.

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Posted 21 March 2004 - 08:32 AM

for some good returns and diversification if there is another strong advance with the precious metal stocks. I will be using this fund along with some individual stock picks once I believe the time is right after this consolidation/correction.

Best.

http://stockcharts.c...26093457,Y].gif

Trade based on what you see happening, not what someone else thinks or hopes will happen.

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#2 Chilidawgz

A fool and his money... (the second mousie gets the cheese)

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Posted 21 March 2004 - 11:44 PM

Betel, may I suggest this one? PMPIX

I am already in the gold shares, fingers crossed.

Anything can happen...what's happening now?

No one can forecast the future. No one.

All stocks (ETF's) are BAD...unless they go up - William O'Neil

When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer

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#3 PIK.

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Posted 22 March 2004 - 11:18 AM

Chili, thanks. My broker has some restrictrions on when I can buy/sell the Profunds (only Profunds). Rydex or Potomac no problems. A relative strength comparison shows USAGX slightly outperforming PMPIX. I believe the expense ratios are about the same as well. Good luck with your position.

Trade based on what you see happening, not what someone else thinks or hopes will happen.

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#4 outsider

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Posted 22 March 2004 - 05:44 PM

I have one IRA thru USAA and they only allow a total of 6 trades out of any fund per year. But that may not be the same for going thru a broker. But the USAA gold is one of the highest ranked funds by several agencies including "Fund X" newsletter, Bernadette Brown. ---Out

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#5 TrillionDollarMan

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Posted 22 March 2004 - 10:40 PM

PMPIX here...if you time it right, it outperforms, save for whatever fund has the most hottest juniors. If you don't time it right the leverage brings you back to Earth. TDM

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#6 TrillionDollarMan

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Posted 22 March 2004 - 10:42 PM

But the LACK of fees on PMPIX is right...so it pays on that basis. But you ought to have a concept of what you are doing in any leveraged vehicle, or leave it alone. TDM