Good evening, ladies and gentlemen. I look forward to a stimulating discussion of the Potomac Funds and investing. They are accessible by clicking on one of the tabs on the top of the home page. No, we are not coming out with any funds in the foreseeable future, but we have, and currently are, doing research on various indexes, not only domestically but also internationally. Yes, it has been challenging.
Indexing is very advantageous with the general market direction.
For the last four to five months the index markets have been moving basically sideways. It has lead us to opportunities. By leveraging a fund, it causes some distortions, particularly on the down side. They give an example in there, and the results aren't necessarily what you expect. It is caused, according to the article, by the compounding impact of the market's gains and losses.