Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Compadre who wrote (721)	5/26/1999 1:54:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 2103

I'm very close to a buy sig. IIX, MSH, SOX all confirming it so far.

To: Compadre who wrote (721)	5/28/1999 1:28:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 2103

Jamie; I remember you speaking of fund switchers..now I have never really got into tath swiching game..I have from time to time used the pro funds but just buy then liquidate.. However I had some trading problem today and got the broker on the line for 2 hrs..and fund switching came up. UOPIX and USPIX are no loads but cost me a $24 transaction fee.. well the time I go in and out of one that's $48..so I didn't use them that much.. AS it turns out while I still have to pay the $24 to open or close it..I can switch from one to the other with no TF, as long as they are in the same family.. I didn't know that..so once in if I don't exit but just switch it's free. I didn't know that until today.. ---------------------- That can add up, like had I not got that guy on the line I would have bough & sold, then bought the other to sell it to buy the first one ..like a complete round trip of the long to short and out would cost me $96 the way I was working it..now I understand if I don't exit but just switch I can go back and forth as much as I want , well that can add up ------------------- In the past I wanted to ( pause in between ) but heck there is no real need for that as long as I'm doing the paired trade thing with the QQQ.. -------------------- I'm Still working out a few kinks , but It looks like I'll be a switcher ..go in the long one on strong down days, switch to the short one on strong Up days..then use the qqq to wash the trades. Jim