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Pastimes : Ask Mohan about the Market

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To: Real Man who wrote (11313)12/12/1997 7:52:00 PM
From: Bonnie Bear  Read Replies (2) of 18056
 
Shorting what market? foreign stocks, gold, most tech stocks and smallcaps are all down 20-50% or more. What bull? The indexes are the last to go, they are like religious icons. meanwhile microcaps are back at book value.
All I have is RYURX bought at 980, cash, and a boatload of BEARX up 10-15%. and some in a microcap fund that shorts stocks in bear markets. It's a sell-and-hold portfolio. The guys that run wall street can cycle the panic through different sectors and run the market indexes in this trading channel for the next ten years, I for one am not going to bother shorting spy again.
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