Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: bob wallace who wrote (367)	9/15/2000 10:00:45 AM
From: hivemind	Read Replies (1) \| Respond to of 840

It would certainly make a good vehicle for the trader, especially in highly volatile periods. I imagine you've done very well trading with it. Is it tradable during the day as a few funds are, or must you transact only after the close? I wonder if they could introduce a souped-up QQQ in the form of UIT. That would be fun! hm

To: bob wallace who wrote (367)	9/17/2000 11:59:47 PM
From: Todd Reichardt	Read Replies (1) \| Respond to of 840

Hi Bob, I agree with you that creamer got it (the interpretation) wrong, but it does appear as though he got the numbers correct. I went back to my trusty NDX data and built a spreadsheet to determine what UOPIX and USPIX should have returned if they had achieved their objective over the timeframe creamer was quoting (1/1/00 - 8/4/00). The results were very close to what the funds have achieved, UOPIX -25% USPIX -38%. This certainly is a non-intuitive result. Most people would think, as creamer did, if NDX is net down for the year, the short fund should be up, and visa versa. But it doesn't work that way. Hence one has to be careful in using these funds if employing a buy and hold methodology. It seems as though these types of results could mess with an AIM portfolio. Have you done any calculations as to how this would affect an AIM portfolio? Thanks Todd