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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (20279)	7/16/1999 2:43:00 PM
From: James F. Hopkins	Respond to of 99985

Thanx Donald; The more she goes on up today the better I get in as I have to take the close. Monday I'll see if I need to hedge off with the QQQ . One thing I didn't mention with these funds, I can't cash out via waterhouse rules until 1 day after they settle ( Tuesday in this case ) Like I cant go in one day and out the next, but I may could switch ( I never asked about that ). However the QQQ lets me rope them off at a midday point if I want, then I close them all at one time at the close. So if I'm in the short fund , and buy 2x qqq I wind up just about even from that point. Then selling my QQQ and holding the fund puts me net short, or selling the fund and holding the QQQ puts me net long. Jim