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Bob Wiseman writes:
> If you get this, please post to the Metastock list. I just discovered
> that my mail has not been getting posted.
No problem. Consider it done.
> To Mike Arnoldi and others:
>
> You wanted to know which I prefer in down markets. First, need to
> note that the "service" funds, URPSX and UOPSX, differ slightly from
> the "investor" share funds. The former are for brokers to use for
> their clients and the later are for us small time investors.
>
> So I get to use the URPIX (UltraBear) and USPIX (UltraShortOTC).
> UltraBear tracks the S&P500 while the UltraShortOEX tracks the NASDAQ
> 100. They both come very close to moving twice as much as their
> respective index. Generally, and especially recently, the
> UltraShortOEX outperforms the UltraBear, often by as much as 50-100%.
> This can give you one heck of a bang-for-the-buck, especially in index
> fund trading.
>
> I use these, especially the OTC tracking funds primarily adventurous
> retirement funds. I love the leverage when I win and, of course, when
> I lose it hurts at least two times as much.
>
> Hope this helps,
>
> Bob
>
> michael arnoldi wrote:
>
> > thanks for bringing the profunds to my attention.
> > which one do you like the best for down markets ?
> > URPSX (ultra bear) OR UOPSX (ultra otc)
> >
> > thanks.
>
>
> metastock@xxxxxxxxxxxxx
>
> UG wrote:
>
> > Bob Wiseman writes:
> >
> > > Made the same move about a year ago. Fidelity sector fund
> > > comissions were killng me since I trade very short term. Then
> > > discovered ProFunds with twice the Ursa "bang-for-the-buck."
> > > Also, more move on ProFund's UltraBull than on Nova. So for the
> > > same analysis/trading work you get more money in ProFund. You
> > > might want to check it out.
> >
> > You don't by chance, use the "Pitbull" sector fund rotation strategy, do
> > you?
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