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Pastimes : Ask Mohan about the Market

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To: Jean M. Davies Schmith who wrote (10214)	12/5/1997 9:21:00 AM
From: Cynic 2005	Read Replies (1) of 18056

Jean, if I am not mistaken, BEARX is mainly designed to be a hedge, not as a prime investment vehicle. And, many use it as a market timing tool for the IRA's. Given the fact that S&P was up over 30% since last Dec, it is a great achievement to keep it down only 8%. Don't compatre BEARX to I think you have to compare apples to apples. Welcome to our world. Don't worry, we rag bulls the group and treat Jean the bull with due respect. -Mohan

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