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

To: bob wallace who wrote (1076)	1/3/2001 2:56:12 PM
From: John	Read Replies (2) \| Respond to of 2063

Hi Bob, One word... WOW. The NDX is now up 17.05%. This would yield a UOPIX price of about $24.89 if the market closed right now. I do expect softening during the final hour of trading, but this type of rally is unprecedented, nevertheless. It will be quite interesting to see how closely UOPIX meets its objective tonight. Best Regards, John in Iceland Clear, 21°F Wind Chill -12°F

To: bob wallace who wrote (1076)	1/4/2001 10:44:36 AM
From: John	Read Replies (2) \| Respond to of 2063

Hi Bob, while the ease makes it better for all sectors, the place to be is financials He threaded the needle on this one, Bob. I considered placing a short-term position in ProFunds UltraSector financial fund yesterday because I agreed with him. I opted not to, because I'm becoming increasing wary of not remaining heavily invested in UOPIX for the next ride up. As we see greater and greater profits, I will slowly scale out to ProFunds OTC (equivalent of QQQ). Best Regards, John in Iceland Clear, 25°F