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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: vampire who wrote (36460)11/28/2000 9:10:11 AM
From: James F. Hopkins  Read Replies (2) of 42787
 
Metsin ; Each person has their own style..but here is
one of mine.
WDOWX is a no load no fee dow tracking fund..( but they don't take to a person who jumps in and out and in and out )
and can charge a fee if they see you doing it.
Also with a FUND you get the end of day NAV (buy or sell)
Lets say you buy 1000 shares of WDOWX ..after that
you will now track the DJI.

Say you think the market is going down for a few days,
instead of selling the fund you short 100 DIA it also
tracks the dow but can be bought and sold or shorted
any time during the day. ( 100 DIA = 1000 shares of
WDOWX in dollars)
So If your LONG the FUND but short the DIA your market
neutral, and can miss downside or up side ) but you can
change your status midday by just closing your short
on up swings.

Jim
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