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: Tommaso who wrote (759)	8/6/2003 9:15:48 PM
From: Joan Osland Graffius	Read Replies (1) of 793

Tommaso, >>I just bought more BEARX today. So did I. <g> I do not have any energy stocks at this point in time. Have been buying some foreign government debt. Heck, IMO being short or on the defensive side of this market is the same as going long when paper assets are cheap. I have not figured out what is going to happen with oil and natural gas prices going forward. The economy can not handle oil prices where they are now. I have to believe the boys in the White House will play some games to bring down these prices. I also believe they will not let them go down where Texas will be hurt by the prices. <g> I have been watching for entry levels and missed the opportunity last November.

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