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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jon Matz who wrote (40500)6/4/1999 3:02:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Jon ; I been there and will try to hunt it back up, I buy via
waterhouse..they have some data. USPIX is short the NDX ,
UOPIX is long, they are leveraged 2x ( risky and volatile )
actual beta is about 1.88.
--------------------
I use the qqq as a flanking rudder when I'm in them.
( at times ) but when the market strats down if I'm lucky
enough to have my eye on it I can jump short 400%..
( the uspix is seen as equity in my account even though it's
a short ) <G> ,
I don't recommend these for just any one, it can very risky,
and you need strong nerves..( the kind a cat burglar has )
Jim
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