Quote:
Originally posted by wig@Jun 17 2003, 02:29 PM
Hey Matt,
What's your methodology? What do you trade?
just curious
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For individual stock trades and shorts I use Etrade. For shorting a particular index I use
Pro Funds they have some bear funds like "Ultra Short OTC" which tries to be 200% the inverse of the nasdaq 100 on a daily basis. For example on monday the nasdaq 100 closed up 3.2% so the fund was down 6.4%. Profunds also has bull funds and sector funds, and they make it easy to play a section of the market up. They have a bio-tech sector fund for example.
As far as methodology I read some investment newsletters about market timing and do my own research. A good book to read about why there will likely be a major decline in the markets and economy over the next few years is
Conquer the Crash. An excellent book I read about getting started in investing on your own without using a broker is "No Bull Investing: Straightforward Advice to Maximize your Returns in Any Market, with Any Amount of Money" by Jake Bernstein.