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S&P 500
6,967.38
(
1.18%
)
US TECH 100
25,156.80
(
1.87%
)
Dow Jones
48,535.99
(
0.66%
)
Brent Oil
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-3.42%
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Post# of 704044
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ChrisJP

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ChrisJP

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Re: Zeev Hed post# 344331

Tuesday, 01/11/2005 9:51:18 PM

Tuesday, January 11, 2005 9:51:18 PM

Post# of 704044
Hi Zeev, Kenny (aka Ditch digger) and I buy shares of the USPIX mutual fund when we think a correction is at hand.

Its a mutual fund tht tracks the opposite of the NASDAQ 100, but when the NASDAQ 100 drops 1% -- USPIX rises 2%.

It trades at around 17 now -- 2 years ago it was around 100, lol.

Its like a short position, but its based on an index. The only downsie is that you can only buy/sell after the close.

Chris

My other online trading account is a mattress !


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