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Strategies & Market Trends : KEEP IT SIMPLE TRADING / Profunds

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To: mistermj who wrote (90)	2/12/2004 1:19:01 PM
From: Jim Battaglia	Read Replies (2) of 177

MJ, the Japan fund is below its 19 and 39 day moving averages. Is that the reason for the buy at this time? Buy low and sell higher? Wow, great concept! All other funds in the group are above these averages except for the short funds. Your approach appears to be sound and the fund does move up and down with vigor. It appears to me that your approach is not just about momentum. Am I correct in this statement? Jim Investnbest

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