SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?


To: RocketMan who wrote (364)9/15/2000 6:32:37 AM
From: hivemind  Read Replies (1) | Respond to of 840
 
Cramer wrote an article on both the long and short funds on nas-100 run by profunds:

thestreet.com



To: RocketMan who wrote (364)9/15/2000 6:41:18 AM
From: bob wallace  Respond to of 840
 
RocketMan

yes, that was a typo UOPIX is what I meant

realize that the fund gives you twice the daily move,
not twice the long term performance (you dont get the latter because it does down twice as fast as well as up twice as fast)

depends on your trading outlook - I fit my trades around a mechanical system called AIM (which works in a best with a volatile instrument), and then use an oscillator to time
trades - I am not getting rich, but then again I am not loosing money anymore either (as when I attempted day trading)

Bob