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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Boca_PETE who wrote (14095)5/31/2000 11:24:00 PM
From: Alan Bell  Read Replies (5) of 15132
 
Pete & Richard,

It may be a good plan to go short when the Nazdaq tops out. But you should be really careful about using USPIX. As I posted earlier, the performance of the fund since January has been terrible.

It has underperformed to the tune of 35%. This is huge. Check it out yourself. Profunds has a daily list of NAVs on their website.

I suspect their use of futures and options is not very good at following the large swings we have been having.

-- Alan
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