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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 3.760+0.5%Feb 4 4:00 PM EST

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To: Kid Rock who wrote (266)7/16/1998 6:44:00 PM
From: Peter V  Read Replies (1) of 793
 
Me too! After glancing at the latest report they sent me, I saw a lot of options, which I'm guessing have expired worthless, and have contributed to the demise in excess of inverse of the S&P percentages. I guess we have to wait for the real bear market to arrive before this thing turns profitable. I'm glad I only put a very small amount in the fund, which has declined over 17 percent since then. Time to get out, I guess. (or maybe my giving up is a bearish indicator . . . )
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