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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: Don Westermeyer who wrote (566)2/17/1999 11:59:00 PM
From: Hawkmoon   of 793
 
Thanks Don,

I don't plan on holding the fund long term, but just as a general hedge against another "correction" or short-term bear market.

The wife isn't comfortable shorting or buying puts on overvalued stocks.

Just looking for a place to park some investment money should there be a downturn, which is indicated by the A/D line and the highest bullish sentiment since Oct, 1987.

This market is tired and doesn't have enough money to move any issues upward. And there is a lack of conviction evident.

Regards,

Ron
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