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Non-Tech : Invest / LTD
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To: J. P. who wrote (7199)2/8/1999 12:15:00 AM
From: Alias Shrugged  Read Replies (1) of 14427
 
R. Gates

Consider the ProFund Ultra Short OTC Mutual Fund. This fund is double short the Naz 100. If Nas 100 drops 3% in one day, the fund goes up 6%. (Of course, if Nas 100 goes up 3%, you lose 6%.)

I have a small position, established about a week ago when the Nas 100 put in that 70 point up day. Of the total amount I would put into this fund, I am 15% invested, and will add more when/if the Nas 100 goes higher.

I agree with you re: Dell earnings. Let's get their earnings out of the way and the impeachemnt thing tidied up also.

If things break, Nas 100 could drop 50% from this level.
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