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To: Mr. BSL who wrote (594)9/29/1999 8:48:00 PM
From: Dave Shares  Respond to of 9427
 
<<Rich1 - you can hedge your long term holdings in tech stocks by shorting QQQ outside an IRA or by buying POTSX inside an IRA. In either case, you will be shorting the NASDAQ 100.>>

A less capital intensive approach may be to buy puts on QQQ out to January or further to minimize premium erosion.

David