Larry

I have read the recent issue of SMR. The idea of buying when the price is below 200 day moving averaga seems brilliant.

Is there any resource on the net where we can check
to detetrmine when is the SP500 is below 200 day moving average?

I just got a reply from Profunds that I can't buy and monitor its funds as a foreigner as one nedds to have
an US tax file number to access this information.
Besides Rydex and profunds are there any other
fund companies with leveraged bhullish and bearish
funds?

Thanks

Jay from Singapore

Hey Jay...

I haven't posted about the beautiful country where you live in the past. I have wanted to but I had to refrain from writing...

I know you have some frustrations about what you can and can't do financially from your location but I thought I would share a tidbit about your country.

For starters, Singapore is a hot, muggy, steamy, tropical paradise... It used to be you couldn't eat/chew bubble gum or spit on the sidewalk without harsh reprimands. Mind you the last time I was there a Swedish girl (blonde and tall) gave me a piece of gum in a night club and told me not to chew it loudly outside in public.

Secondly, it is the cleanest country I have ever visited! I counted them the other day and I have been to over 25. Growing up overseas, having dual citizenship (Australian/American) and serving 10 years in the USN have made me a well travelled man!!

Singapore is still one of my favorite places to visit. Hong Kong is top on my list for just having fun... Calhoun is just a wonderful place to get lost! Papua New Guinea for pure natural beauty and Aussie for a good time...

Regardless of all those places though, I still consider the great and grand USA to be the best place to live and make money!!!

I hope you find solutions to investing profitably while still living overseas, I'm sure it can be done!

Matt...

Jay,

You can get a 200 day moving average from just about any chart service. The two most popular are StockCharts.com and BigCharts.com.

In addition to Profunds and Rydex there is potomacfunds.com. But they don’t use as much leverage and I’m sure their policies will be similar. Using the bull/bear leveraged funds is just one way to do it. You could do the same thing in a margin account.

Larry