Ultra OTC Fund - UOPIX Message Board

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Strategies & Market Trends : Ultra OTC Fund - UOPIX

UOPIX 143.70

+0.5%

Dec 16 4:00 PM EST

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To: bob wallace who wrote (1121)	1/4/2001 5:40:03 PM
From: John	Read Replies (1) of 2063

Hi Bob, Looks like I just found my first USPIX loss. Yes, I shorted at the close upon weighing additional very negative technical data, and considering that most would not want to brave holding over the weekend during uncertainty. Things were looking quite fine in the post-market data. Futures were falling, and most big tech names were trading down in the after hours on the ECN's. But... along came the Fed. :-/ I avoided Mr. Whipsaw in 2000, but it didn't take me long to meet him again in 2001. Enjoy your profits tomorrow. Best Regards, John in Iceland Clear, 22°F

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