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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.100-1.0%Nov 26 4:00 PM EST

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To: Syd Deem who wrote (415)10/16/1998 2:30:00 PM
From: Tommaso  Read Replies (1) of 793
 
Quick and Reilly told me I could wait until 3:45 to put in a trade that would be executed at the price at the end of the day. To be sure it went in yesterday I put it in at 3:30.

Seems to me this is a fairly weak protraction of yesterday's move, but there's still 90 minutes and something could happen. I guess I wish I had more cash to buy more, in case there's another run-up.

Having sat through more than a year on some of my BEARX, I am somewhat hardened to ups and downs. I was sitting on about a 25% loss last summer for a while. Seems to me that at these heights the winning is much more likely than losing, though I may have to spend some more boring time watching the last convulsions of the dinosaur.
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