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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.0500.0%Nov 4 4:00 PM EST

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To: rails99 who wrote (709)2/28/2002 6:42:03 PM
From: Tommaso  Read Replies (1) of 793
 
BEARX is doing its thing--up 2%, which is more than the indices went down.

The times it REALLY performs are when there's a one-day drop of 5% or more in the general markets. Then all the shorts and the limited amount of puts kick in, with a bonus if gold goes up at the same time. It is quite possible for BEARX to be up 10% on a 5% down day in the market--as riskier issues tank.

EDIT: I must sound like a shill for TICE, but with about 25% of the family's net worth, aside from the house and vested pensions, in BEARX I have to be a true believer.
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