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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 621.08-0.1%Nov 12 4:00 PM EST

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To: M CAHILL who started this subject8/22/2000 1:57:44 PM
From: bob wallace   of 840
 
for all od you trading QQQ, you might
try the 2xNDX funds from either ProFunds
or Rydex

these funds try to deliver 2 x the daily % change in the NDX (and they are pretty close to that)

You cannot short the funds directly but you can instead
buy similar funds which are short the NDX (ie they go UP if the NDX goes DOWN)

there are no commissions if you do daily exchanges directly with the funds (Rydex prices twice daily)

using a broker does not change the limitation on daily redemptions, but in most cases brokers will allow
margin on shares held 30 days

Bob Wallace
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