Prudent Bear Fund (BEARX): contrarian investing Message Board

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Pastimes : Prudent Bear Fund (BEARX): contrarian investing

BEARX 4.050

0.0%

Nov 4 4:00 PM EST

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To: rails99 who wrote (707)	2/19/2002 9:11:25 PM
From: Tommaso	Read Replies (1) of 793

BEARX is my core holding against what I still consider to be the unfolding bear market. By any measures that have worked in the past the market is overvalued still by 100%. I have held a considerable position in BEARX since 1998 and have recently increased it a lot. Now of course, in hindsight, I wish I had notgot in so early. But who could know that the Fed was going to hand out free (almost) money and encourage speculation? Who could know that Alan Greenspan was a monetary hippie in baker's clothes?

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