This fund offering from Profunds seems to be custom made for enjoying trading the NASDAQ 100 stocks without the bother of researching any of the underlying securities.
The added volatility of essentially 2X the daily NASDAQ 100 moves can be exhilarating in one direction and crushing going the other.
My own preference for managing such a volatile holding is to use AIM (Automatic Investment Management) as devised by Robert Lichello in 1977.
aim-users.com
It has the ability to add some rationality to otherwise irrational exuberance! I'll periodically update my history with the fund and provide a link to the histograms showing AIM's activity.
This account was started in December of 1998. The fund has proven to be nearly ideal for trading while maintaining some diversity. There seems to be plenty of room for anyone to make some trading money. How about it?
Best regards, Tom |
