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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: Compadre who wrote (762)5/28/1999 11:39:00 AM
From: James F. Hopkins  Read Replies (2) of 2103
 
Jaime; Correction, I just talked the a FUND accountant at waterhouse
looks like the broker told me wrong yesterday, they sure have a
break down of communications, one tells you something and another
something else. I take the Fund man today likely is more up to
speed than the broker was yesterday, ( brokers don't do the funds)
at any rate he didn't know off hand ( the guy was not very sharp )
any way it seems There is a charge for switching in the Pro
funds
via waterhouse however it's a TF of $24, which is
better than selling then buying, which would be $48..
-------------------
Any way I'm going to try it this time and see how it turns
out, going from UOPIX ( long ) to USPIX (short) on the close
today. Then try to hedge off the short side on up days
with the QQQ. My UOPIX will come out ahead if the day stays
up, then Tue I'll be short via the USPIX..
----------------------
I'm not real happy with the funds and may just go back to using
the qqq like you, but I want to try it this time.
Jim

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