Investing during a Bear Market Message Board

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Strategies & Market Trends : Investing during a Bear Market

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To: Cynic 2005 who wrote (132)	11/11/1997 4:50:00 PM
From: Tommaso	Read Replies (1) of 226

I think you are right. I see BEARX as something to make money on during what (as always, one must ad, in my humble opinion) would be the first 20% down. Till we get back to the "irrational exuberance" level of mere 20% overvaluation. Yes, you are right, the brokerage fees are going to eat up about 2.5% on top of the management fee, making about 4% a year. But think of all the people who used to pay the 8% front-end loads to get into the Templeton fund. Hope you will tell me when you are getting out--I probably will want to also. It might be in two weeks and it might be in a year or more. By the way, as I mentioned to Bonnie, Quick and Reilly only charges a flat $25 for a mutual fund trade. You can buy $25,000 of BEARX for a fee of one-tenth of one percent and it qualifies for their IRAs--the only way I know to short in an IRA. The fund itself is no-load.

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