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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.1400.0%Nov 25 4:00 PM EST

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To: Syd Deem who wrote (399)10/15/1998 8:39:00 PM
From: Tommaso  Read Replies (1) of 793
 
OK folks, here it is:

amgdata.com

Another convincing outflow of mutual funds. Those managers may bave been feeding cash into the market today after the rate cut, but that means that their cash levels are lower than ever.

I am calling a big move down over the next two weeks.

Now my only nightmare is if my broker heard BUY as SELL when I committed everything I had on hand to BEARX a half-hour before the close today.
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