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Strategies & Market Trends : Ultra OTC Fund - UOPIX -- Ignore unavailable to you. Want to Upgrade?

To: bob wallace who wrote (960)	12/7/2000 6:30:12 PM
From: John	Read Replies (1) \| Respond to of 2063

Hi Bob, I exchanged 17K from my UOPIX account to my Money Market Fund (MPIXX) today. I wanted to have even more cash available to spend if UOPIX hits 30 again. Obviously, I didn't know of INTC's warning when I did this. I still remain heavily invested in UOPIX. In my opinion, the market fundamentals are still quite grim for techs, and the specter of the election circus still looms large. I find it hard to believe that anyone will be willing to buy and hold more tech shares over the weekend. Of course, if indications point to a Gore concession before the market closes tomorrow, all bets are off. I think a strong rally will immediately follow such news. Even after today's UOPIX decline, I am still slightly above breakeven for the year, thanks largely to the huge NDX spike just 2 days ago. Good call on scaling out after your recent gains. Season's Greetings, John in Mild Iceland Mostly Cloudy, 37°F