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To: marc ultra who wrote (11261)1/18/2000 1:04:00 AM
From: Demosthenes  Read Replies (1) | Respond to of 15132
 
Marc,

<<<<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.>>

USPIX would have double the beta of the NAZ 100, with a beta of 1.5 or so. Therefore USPIX would have a beta of about 3. Yes?

Rgds,

D