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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 143.04-4.1%Nov 13 4:00 PM EST

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To: James F. Hopkins who wrote (1057)1/2/2001 3:55:54 PM
From: OldAIMGuy  Read Replies (1) of 2063
 
Happy New Year to you Jim, and to all the other UOPIX owners. Gee, I guess we had to wait until the new year to see real bargains!

It's hard to imagine a 20% one day move in UOPIX, but we'll be near that at today's close if nothing changes. Much easier to imagine when the NDX was still floating around in the stratosphere than now.

It's also hard to imagine that there's buyers for every share being sold out there. Someone's buying at relative bargain prices. I guess it's those with some cash left!

We're all riding on this same bus, so let's hope it's not being driven by someone escaped from an asylum!!!

Best regards, Tom
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