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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (4994)1/5/1999 7:52:00 AM
From: MonsieurGonzo  Read Replies (1) of 11051
 
Gersh; RE:" the Gersh System "

please ref: Message 7109666

...regarding these ProFund thingys. Seems to me that, given a $15K investment into MPIXX - MoneyMarket, we should be able to use the (long) UOPIX and (short) USPIX tools, and nothing else, to trade the TechSpaetzles with a GershSystem -?

Would make a good contest or focal point, IMHO; all the drivers would have the same race cars! When KingLeap (Jurgen) says he's buying DELL (or whatever) it's a sure sign that moving $ from MPIXX to UOPIX will more than likely bloom within 90-days.

I bought $10K of TechSpaetzles and $1K of TXX.X index PUTs yesterday. From what I understand, most pros buy the index and short the stocks therein - so I'm doing it the other way around to see what happens. Though I'd feel more comfortable with a short CALL rather than a long PUT on the index right now: the damn internet stox tend to keep the NDX.X afloat even when the bellwethers decay... so if nothing happens, the "house" wins (^_^)

-Steve
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