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


To: Boca_PETE who wrote (14095)5/31/2000 1:33:00 PM
From: rsie  Respond to of 15132
 
I agree with the USPIX...that's why I am not so upset that I could not participate in the buying opportunity yesterday...Rich



To: Boca_PETE who wrote (14095)5/31/2000 1:54:00 PM
From: KM  Respond to of 15132
 
I agree with all you guys. It's a silly column and shows just how insular the WS community really is.

I've been taking advantage of Bob's call.



To: Boca_PETE who wrote (14095)5/31/2000 11:24:00 PM
From: Alan Bell  Read Replies (5) | Respond to of 15132
 
Pete & Richard,

It may be a good plan to go short when the Nazdaq tops out. But you should be really careful about using USPIX. As I posted earlier, the performance of the fund since January has been terrible.

It has underperformed to the tune of 35%. This is huge. Check it out yourself. Profunds has a daily list of NAVs on their website.

I suspect their use of futures and options is not very good at following the large swings we have been having.

-- Alan