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Pastimes : Ask Mohan about the Market
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To: Simon who wrote (11005)12/11/1997 3:33:00 PM
From: Tommaso  Read Replies (1) of 18056
 
Well, if you are looking for a protracted bear market, no, the wonderful thing is you don't have to be in and out in a second. I let the manager worry over the sixty or so short positions--let him get out in a second if one of them takes off.

BEARX usually goes up much more than the S&P goes down, and when the broader markets go up it doesn't lose as much as they go up.

But you do have to be a bona fide bear. None of this cross-dressing like a bull.
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