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Pastimes : Ask Mohan about the Market
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To: Aloysius Q. Finnegan who wrote (12902)1/10/1998 6:16:00 AM
From: Tommaso  Read Replies (1) of 18056
 
BEARX went up 3.5%, and that is more than the Dow, the S&P, or the NASDAQ went down. A person holding BEARX was more than 6% ahead of a person holding an index fund, in one day.

If you held the ten best-performing BEARX positions you would have made better than 10%, I think. If you had held the ten worst-performing ones you would have lost money.

As for me, I have no quarrel with making money when most other people are losing money.
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