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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 149.70-0.5%Dec 8 4:00 PM EST

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To: bob wallace who wrote (920)12/5/2000 12:09:29 AM
From: Todd Reichardt  Read Replies (1) of 2063
 
<<<maybe the message is that it i just going to be hard to make money over the next few years>>>

I would expect that a "true" hedge fund should be able to adjust to market conditions (I have no idea whether Craemer's hedge fund actually hedges or not though). Mutual fund managers that are stuck not being able to short or hedge are having a hard time making money and will continue to have a hard time if markets keep going down.
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