<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PROFUTURES LONG/SHORT GROWTH FUND, L.P. STATEMENTS OF FINANCIAL CONDITION AND STATEMENTS OF OPERATIONS FOR THE PERIOD ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,383,550 <SECURITIES> 11,426,604 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 12,833,654 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 12,833,654 <CURRENT-LIABILITIES> 44,769 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 12,788,885 <TOTAL-LIABILITY-AND-EQUITY> 12,833,654 <SALES> 0 <TOTAL-REVENUES> 865,316 <CGS> 0 <TOTAL-COSTS> 359,763 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 505,553 <INCOME-TAX> 505,553 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 505,553 <EPS-PRIMARY> 101.94 <EPS-DILUTED> 101.94