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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.0800.0%Nov 6 4:00 PM EST
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To: Tommaso who wrote (669)12/23/2000 2:20:55 PM
From: Hawkmoon  Read Replies (1) of 793
 
The treasuries are there as security against the short positions.

Good answer Tommaso... I saw Tice on the O'Reilly Factor a couple of weeks ago and I was surprised to see him recommeding 2 year T-Bills over precious metals.

But my immediate thought was that he would want to have a sound base of collateral in place should he desire to extend his short positions.

Regards,

Ron
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