Rydex Market Timers: Persistence

The Rydex market timers remain persistent in their desire to buy the dip.

Figure 1 is a daily chart of the S&P500 with the amount of assets in the Rydex Money Market Fund in the lower panel. This value is now at its lowest point since the rally began in March, 2009.

Figure 1. S&P500 v. Rydex Money Market/ daily

Figure 2 is a daily chart of the S&P500 with the amount of assets in the Rydex bullish and leveraged funds versus the amount of assets in the leveraged and bearish funds. There is minimal change from yesterday.

Figure 2. Rydex Bullish and Leveraged v. Bearish and Leveraged/ daily