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Strategies & Market Trends : Anyone following Capstead (CMO)?? -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (212)	3/30/1999 8:50:00 AM
From: James F. Hopkins	Respond to of 216

Hi Wallace; <OT> Tell him to look at the UOPIX ( BULL fund ) and USPIX ( Bear fund ) , both are no load, play the NDX and are leveraged 2x the draw back is you can't day trade and have to take the closing NAV the advantage is 2x leverage with out margin , and with the USPIX you can go short the market ( NDX ) even in an IRA. ------- I looked at index options and they suck , to much premium built into them, and the specialist skew them all over the place, options are made to sell. Jim