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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 117.58-2.8%Feb 5 4:00 PM EST

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To: OldAIMGuy who wrote (2014)9/26/2002 12:17:40 PM
From: John   of 2063
 
Thanks for the update, Tom. I hope your anticipation of events plays out for us.

My ProFunds account is currently allocated with holdings of 39% UOPIX and 61% OTPIX. For the past 2 months, I have been essentially doing what I did for much of last year, which is moving OTPIX very slowly into UOPIX on weakness, and back into OTPIX when any profitable strength occurs.

Why OTPIX instead of cash? Fear of completely missing any significant rally. It is my personal form of insurance. OTPIX assures me of at least being able to fully participate in a tech rally.

This strategy has worked well, but it is worth noting that I am still off about 45% from my personal all time high water mark from March 2000. The market has not been kind for the past 2.5 years, but I can't complain too much because I know of people who lost every penny they had.

Best Regards,
John
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