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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Jhende who wrote (10522)	3/21/2000 5:40:00 PM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, Selling does not reduce your portfolio control! I would recommend that you treat as an AIM directed Sell. AIM will take care of the difference in the price. Even though the price went down from Friday to Monday you still should have made a profit on the sale.Perhaps not as much as you had intended. I looked at the Ultra Funds Midcap Fund and it went down 3.75% Monday, so I knew that your MidCap couldn't have gone down more than 1 3/4% to 2%. I couldn't see how you lost money on the trade. I use ProFunds which solve most of the problems with funds. All I have to do is check the percentage gain/loss on the S@P Midcap Index and apply it to the previous day's fund price at about 1:30 to 1:45 Eastern Time. If the price indicates a Newport BUY/SELL I then get ProFunds on the Internet and place my order before 1:50 PM eastern time. The only change in price that occurs is between 1:50 and 2PM. As far as I am concerned that's almost as good as placing a market order on a stock. Profunds now has a wide selection of funds: Ultra OTC, Ultra Short, BULL(S@P500), Ultra Bull,Ultra Japan,Ultra Midcap, Small Cap(Russell 2000), Ultra Europe. There is another one but it escapes me at the moment. Their web address is profunds.com Hope this helps. Bernie