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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.0800.0%Nov 6 4:00 PM EST

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To: Giordano Bruno who wrote (476)12/4/1998 10:42:00 PM
From: Michael July  Read Replies (1) of 793
 
Anyone else get the feeling that BEARX is shorting the wrong stocks? Today it was down .11 while yesterday it was up only .06, yet the DOW and the NASDAQ (I think) did not recover all that they loss from the previous day. The DOW is something like 300 points below it's all time high and BEARX is lower now than when the DOW was setting a record high. Tice can say all he wants that his fund is not a proxy for going in the opposite direction of the DOW but their press releases imply something different. Got my investor kit last week and they compare how much better BEARX did vs some of the other bear funds and the DOW.

I used to like this fund. May have gotten in too fast. Finger is ready to pull the trigger to eject if the fund doesn't turn around pronto. Much lower prices may be just around the corner if it doesn't.
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