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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (11250)	1/17/2000 9:49:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

MrGreenJeans<<<I decided to go with Uspix to hedge myself down to a 40:60 ratio. With Uspix there is no expiration as with futures and options, there are no margin calls, and I can put up half the amount of money I need to hedge because the Uspix objective is to do twice the inverse of the Nasdaq 100. Seems more cost effective to me and I could always offset the position in real time using theQQQs.>>> I definitely agree with the capital preservation idea of using the 2beta short fund as a hedge. As for myself I just decided the wishy washy nature of Bob's call for a strategic asset reallocation rather than a clear bear has led me to the decision not to fuss with shorting the NASDAQ. I also decided to use my more reliable, better service on line broker who also charges a lot more for fund purchases and I really wanted to be able to trade in real time if needed. These factors led me to put a heavy short SPY hedge on. It's confusing to figure out but I saw this did put me significantly on margin so I'm in the process of moving money around to cover that as I'm not looking to pay 8% for the privilege at the moment Marc