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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.0700.0%Dec 2 4:00 PM EST
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To: Bonnie Bear who wrote (303)8/26/1998 6:47:00 PM
From: Tommaso  Read Replies (1) of 793
 
BEARX up better than 3% today with indexes down much less than that--NASDAQ something like 1.67% I think it was, and Dow and S&P less than 1% down.

So it's positioned the way it is supposed to be. But with the steady erosion of capital from expenses and expiring options, you need to be pretty confident that the downside is what is ahead.
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