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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (2034)	10/24/2003 10:59:13 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2103

Well I actually play a "few" funds "from time to time"..mostly in my IRA..right now I have HFCGX "BUT" it's hedged off with an almost equal amount of BRPIX ( an S&P bear fund ) so for the most part it's like cash, except that I see the Midcap stocks of HFCGX out performing the S&P even if the market falls. --- Earlier this year as I sold off stocks I played in/out of RSIFX on dips with good luck. I guess each person needs to find their own niche.. my stock picking is piss poor..while I did good buying stocks when the VIX was real high so did any body else who bought then.( I had only one loser but it was substantial and would have been worse had I not sold covered calls on it ) --- Another problem I have is my age & health , I need to stay with safer stuff and think about how the wife can get to the money if I go down. Bonds are easy for her to understand but she has an aversion to trading stocks, however she might be able to handle a mutual fund or two. ( but not the high beta high risk ones I like to play ) Taht's another reason I got into HFCGX..over time it's got a good record even in down markets. I'll close the hedge ( short fund ) if we get a good pull back. Jim PS there is something about this sell off that's not adding up, I watch the tape more than charts, and I think I see BIG money running out of the market via the Volume on the most liquid stocks, while J6P seems to be very bullish and is supporting the Index via the less liquid ( bargain type ) but speculative stocks.. It will be a surprise to me if the smaller traders ( who are most numerous) can actually over power the BIG money,, I don't rule it out but won't bet on it. Jim