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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.080+0.7%Nov 5 4:00 PM EST

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To: J.S. who wrote (642)10/14/1999 10:19:00 PM
From: Syd Deem  Read Replies (2) of 793
 
Starting two days ago I have been getting mixed reports of the NAV based on what source I poll. There could not have been enough wrong with Tice's positions to warrant a drop of 0.45 so I gotta belive we either received a large dividend (too early for that) or that the NAV should have dropped 0.045 if properly reported.

Even a drop of 0.045 is bad for Tice as the Rydex comparable fund (priced at just under $9) only dropped 0.01

I think he might be hanging on to a lot of gold positions still. Don't know how long that will work for him but he has done pretty well so far so I guess a little bobble here and there won't kill us.
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