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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (53)4/8/1998 6:18:00 PM
From: Rick  Respond to of 130
 
I am aware of the nasdaq 100 unit investment trust but it has a 4.5% or therearound sales charge. Too much for me. I'll wait for the SPYDER-like nas 100.

Good Luck,

Rick



To: Sonki who wrote (53)4/8/1998 6:44:00 PM
From: Nancy  Read Replies (1) | Respond to of 130
 
sonki

you can buy rydex otc which is designed to be 1.5 beta of ndx

waterhouse has it among its mutuals, only 25 per transaction fee.

minimum 25,000 though.

2 more funds would be GREAT to get in on a gigantic market decline, one is Potomac and the other is Profund - both are founded by ex consultants to rydex - aggressive, use option/future on spx & ndx.

Profund ultra otc ??? has appreciated almost 50% the first quarter.

ps they have an ultra bear too. :)