HI Monty; Well the sml cap and RUT wasn't showing it but the guys in the right small caps did OK. Those two were exceptional, with these you got to watch them like stocks. It's a MO MO market.
Sml cap growth that I track out did the large cap growth, since OCT, and I said they would. I don't use morning star or jack with the street.com, I find them both a waste of time.
I picked the no load funds and the ones waterhouse lets me trade with no fee, and put them in paper portfolios and sectors, and was tracking about a 100 of them for over two years. I culled out most of the dead meat, I just completely killed the Mid cap portfolio as they didn't show me fraz. I haven't done a count lately, but I guess I'm down to tracking about 60. ------------ I think I was tracking to damm many to keep up with, that's why I want to focus on this NDX, qqq..and UOPIX ,and USPIX. Two weeks ago had I not chickened out I would have done good on the USPIX, as it was I got out the day before the drop.
Not being able to trade them interday as fast as they move gives me cold feet, however it just dawned on me today that if say I'm in the Short fund and I see the market go up, I could then jump long on the qqq to offset the damage, or the other way around. Thing is I would have to keep enough buying power & that sort of defeats being in a leveraged fund to start with. I'm still studying on it. Jim
|