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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (7199)	2/8/1999 12:15:00 AM
From: Alias Shrugged	Read Replies (1) \| Respond to of 14427

R. Gates Consider the ProFund Ultra Short OTC Mutual Fund. This fund is double short the Naz 100. If Nas 100 drops 3% in one day, the fund goes up 6%. (Of course, if Nas 100 goes up 3%, you lose 6%.) I have a small position, established about a week ago when the Nas 100 put in that 70 point up day. Of the total amount I would put into this fund, I am 15% invested, and will add more when/if the Nas 100 goes higher. I agree with you re: Dell earnings. Let's get their earnings out of the way and the impeachemnt thing tidied up also. If things break, Nas 100 could drop 50% from this level.