RYLDX - the market hasn't bottomed yet.Of the 20 biggest one day DOW rallies, 17 occured during the worst years of the Great Depression. Of the remaining 3, 2 happened in the last month. http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_AverageThose one day rallies are traps for the unwary, and are a sign the worst is yet to come.You're better off buying Yen (FXY) for now.
--- On Thu, 11/20/08, Robert McElwee <[EMAIL PROTECTED]> wrote: From: Robert McElwee <[EMAIL PROTECTED]> Subject: Red Beast has been sold! To: "MiataPower" <[email protected]>, "SSCOR" <[EMAIL PROTECTED]> Date: Thursday, November 20, 2008, 4:48 PM I know there are a few of you out there who have followed my journey with Red Beast and I just wanted to put out the word that after spending 5 years building her the car was sold last week. I was rear ended in my pickup truck about 90 minutes after the sale so I quickly went from 4 cars to 2 cars. Anyway, the guy who bought it was from NC and drove it home (about 5 hours). The car sold for a measly $4500 (not too happy about that but there isn't a huge market for a car like that) and I used the money to: 1) buy a broken HDTV off Craigslist ($100) 2) buy $4400 worth of RYLDX (mutual fund that does 2X the Dow) Hopefully the RYLDX shares will pay off well in the next 3 years so I can start building my next car (probably a red LS-1 NB). The website and lightweight Miata forum will live on. -- Robert McElwee and Blue Flash "The 50 MPG Miata" www.lightweightmiata.com/mpg Lightweight Miata Forum: www.lightweightmiata.com/forum The Miata Trailer Project: www.lightweightmiata.com/trailer _______________________________________________ Miatapower mailing list [email protected] http://list.miatapower.net/cgi-bin/mailman/listinfo/miatapower
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