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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: 4rthofjuly007 who wrote (6363)11/17/2001 1:07:33 AM
From: mishedlo  Read Replies (2) of 99280
 
How many QQQ puts did you buy.
I bet you might have lost the same amt if you were 100% in the 200% down RYDEX fund.

I am guessing here.
You can achieve the same results yourself by shorting 100% of your portflio in the QQQ's.

That obviously equates to the 100% fund.
Some mix of that plus a few long term puts (not sure exactly what) equates to the 200% down.

This really all depends on what you make of the "turnips" forecast.

there are other approaches.
Short the "Q" BRCM EMLX JNPR BRCD and go long the QQQ's or buy QQQ calls as a hedge.
These past couple weeks that play was a winner.
QQQ calls up nicely but much of the "Q" went sideways.

Since the "Q" generally moves faster than QQQ then you can also just short a portion of the amt you would put into RYDEX funds.

M
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