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Strategies & Market Trends : Waiting for the big Kahuna
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To: Paxb2u who wrote (9695)11/14/1997 1:43:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
Peter: word of advice on BEARX...it is VERY volatile, I've lived with it through 5% a day swings in either direction. If you have difficulty stomaching the volatility just drop a little money in and wait until you are up 5-10% to drop in some more. I was up enough from aug-sept that I dropped in more this week. The bulls roll along as though nothing is wrong, BEARX loses a few percent, and then SPLAT! the market goes down. And when it goes up again BEARX has snagged another several percent from the garbage stocks sold in the selloff. So it's doing nicely with the S&P flat.
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