Replies to post #22878 on Profunds index and sector trading (PRO)

[was Steve]

sold energy sector longs for (sit down folks)...a profit. i almost forgot what those are. moved proveeds into semis. sold rut long for a profit and put back into ndx shorts on this end of day strength. wasnt going to do it but this is a strong bounce so i changed my mind. no changes to gold (got beat up today but only a portion of what it was down at the open when it was down over 6%).no changes to pharmas or ndx shorts either

going out with approx 6% net short ( 53% shorts and 47% longs)

[otraque]

he had loaded his clients portfolios with it aside from what he had for himself--that is those clients that allow him a free hand---he is making them bucks.
His return for 2002 was PLUS 80% for the year.
If i wasn't such a ultra control freak i would let him work my money--but control freak i am.