SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rogue French Trader who wrote (7914)10/27/1997 8:32:00 PM
From: Tommaso  Read Replies (1) of 94695
 
Just don't give up if the market bounces. Keep in mind the terrific overvaluation. The in-and -out gets you killed.

I really am perhaps too fond right now of BEARX, which I have owned for a few weeks, and which went up 11% today. It gives you diversification in overvalued stocks that they short, so you won't lose too much too fast when the market rises.

I do not think BEARX is for the long haul unless they change their investments totally after a huge market decline. Because of their strategies their overhead is high and eats up capital (not too fast, but maybe at 2-3 percent a year). So as presently set up it is strictly a bear market vehicle. But what a great idea!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext