Prudent Bear Fund (BEARX): contrarian investing Message Board

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Pastimes : Prudent Bear Fund (BEARX): contrarian investing

BEARX 4.080

0.0%

Nov 6 4:00 PM EST

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To: Gwolf who wrote (494)	12/17/1998 11:23:00 AM
From: Michael July	Read Replies (3) of 793

Let's see, DOW and NASDAQ down yesterday, more stocks lower than higher, gold up significantly, Amazon shoots up to the moon and BEARX goes lower. As someone else pointed out in an earlier post, Tice must have a boatload of Amazon shorted. With no earnings and little if any barrier to e-commerce, IMHO, it is only a matter of time before Amazon's balloon bursts. The questions are from what level, how far will it fall, and will Prudent Bear still be around to recoup what it is losing. I for one am losing patience with Tice's picks. Will wait a bit longer for his bets to turn around but technically speaking it does not bode well for the fund when it is going to lower lows while the stock indices remain below their record highs.

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