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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (7533)5/26/1999 5:29:00 PM
From: Bernie Goldberg  Read Replies (2) of 18928
 
Hi,
Glad to hear you are feeling better. Enjoyed your doctor joke.
Yesterday I figured that UOPIX was going to finish the day at a sell signal so I called Profunds at 1:45 Mountain ( 3:45 Eastern time)yesterday. Got put on hold and got a message few minutes later that my call qualified for yesterday's close. While I was on hold I used my calculator while watching CNBC's ticker. I took the percentage change on the OTC100 and multiplied by two. Then took that percentage and added it to the fund price. I came up with a buy of $1200 and placed the order. Unfortunately the price went up a little in the last 5 minutes so I was off by about $150. Still, considering the volatility of UOPIX I came in pretty close. If I had waited till today I would have missed the buy altogether. It should go up 5.58% today ($7.16) I am sure glad I switched my Profunds out of Waterhouse.
Bernie
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