Ultra OTC Fund - UOPIX Message Board

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Strategies & Market Trends : Ultra OTC Fund - UOPIX

UOPIX 125.38

-3.1%

Feb 3 4:00 PM EST

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To: John who wrote (2023)	11/25/2002 2:51:44 PM
From: OldAIMGuy	Read Replies (2) of 2063

Hi John, Just to let you know two things: 1) We parted company with 6% of our UOPIX last Friday. It was the first sale since re-starting the account in July at $11.82. This sale turns a FIFO gain of nearly 20% and a LIFO gain of about 60% from the last buy we made. 2) The Idiot Wave rose out of its Low Risk range for the first time in 19 weeks last week. This isn't where I'll get cautious yet, but is a sure sign of direction change. When the IW heads into its High Risk range we'll again bail out of UOPIX and head for calmer waters of the Bond fund. Best regards, Tom

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