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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: augieboo who wrote (3459)	7/14/2002 6:17:44 PM
From: Alan Bell	Respond to of 30712

A couple of years ago, I held USPIX (2x short OTC) for several months. There were substantial losses even though the Nasdaq was flat for the period. It looked like it didn't do very well in capturing the days where there were big moves. If I go short again, I plan to stick with 1x funds. Here is a link to a message I sent at that time. Message 13808234

To: augieboo who wrote (3459)	7/14/2002 7:16:06 PM
From: Lone Ranger	Read Replies (1) \| Respond to of 30712

augie, I agree with AB's reply to you. I also have used the Profunds 2x inverse and regular and Rydex Ursa straight inverse. Unless you time it right and hit the direction right you can be hurt. If you miss the direction you're toast 2x as fast. If you have to sit tight and wait for the move to occur, the 2x funds slip, and your price deteriorates. Check this link out. quote.yahoo.com