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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: Francois Goelo who wrote (1983)4/12/2001 10:41:29 AM
From: James F. Hopkins  Read Replies (5) of 2103
 
FG; I haven't posted much lately as my health has kicked my butt..
but from just before your post I started moving into UOPIX and have
been adding ...it plays futures and options for me at a 2x rate of the
NDX or QQQ..however with it I don't get stuck with a EX date..
and can hang on as long as it takes.

The risk is if it were to "cash out" while the market is down, but
I doubt taht it would do that.
My last buy of ( $5K ) = 656.168 shares @ $7.62..
To hedge it off I can do some puts on the QQQ..or just short
QQQ on hard down days.
I suggest ( no margin over 1 day duration) if you use UOPIX.
Jim
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