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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 142.28+3.0%Dec 18 4:00 PM EST

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To: bob wallace who wrote (1194)1/22/2001 1:13:39 PM
From: Todd Reichardt  Read Replies (1) of 2063
 
Hi Bob,

I'm looking at ProFunds because they offer the 1.5 beta and Rydex doesn't. I know that leverage cuts both ways, but the 1.5X gives me additional options, basically it allows me to look at systems that might only be marginal if not leveraged. One of the options I've been playing with is hedging the position. So then the bet becomes "the hot sectors will outperform the general market (s&p 500)" as opposed to "the hot sectors will continue to go up".

Todd
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