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Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 632.08

+0.5%

Nov 3 4:00 PM EST

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To: johnd who wrote (683)	11/22/2001 12:35:13 AM
From: WallStBum	Read Replies (1) of 840

Anyone who follows QQQ needs to check out the Rydex Velocity 100 fund RYVYX. Mirrors Nasdaq 100 at 200%, or beta=2, using a combination of the actual stocks, but also options, futures and contracts. They have another fund that mirrors at minus 200% that has obviously done VERY well over the last year or so. As far as 3000, who knows. Although I really don't want to admit to it, I don't think we've seen the worst of it just yet. We had a teetering economic situation well before 9/11. In my opinion we're still recovering from the hangover of having misallocated $1 Trillion-plus capital in an undeserving industry.

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