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


To: bob wallace who wrote (997)12/19/2000 3:36:10 PM
From: John  Read Replies (1) | Respond to of 2063
 
Oh yeah? Well, just for that, it's out to the ol' woodshed for your daily UOPIX thrashing, Bob! Heh! :-)

All we can do is belly up to the big ProFunds bar and buy more in this patternless madness. The more we buy now, the happier we will be later. Now dig in! :-)

Good luck!

Season's Greetings,
John in Mild Iceland
Light Rain, 41°F



To: bob wallace who wrote (997)12/19/2000 3:59:03 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 2063
 
Hi Bob, I made a token buy today in UOPIX using up this month's dividend from the bond funds that accompany this investment. Looks like it will bring in shares at a nice discount at the end of the day.

I guess this will be my own method of "scale trading" UOPIX until such time as an AIM sell materializes. The bond fund yield is around 10% and the NAV has been rising. Should it rise about 8% more (likely) we will be selling a small portion of it. Those proceeds should enable us to continue buying at a little more interesting pace.

Best regards, Tom
18°F and windy
Finished digging out from about 15"
snow in 24 hrs this AM.
BP = 29.98" and rising