SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Prudent Bear Fund (BEARX): contrarian investing -- Ignore unavailable to you. Want to Upgrade?


To: Kid Rock who wrote (662)11/22/2000 7:47:48 PM
From: Peter V  Respond to of 793
 
Kid Rock, my sentiments exactly. I lost a bunch of money in BEARX a while back, and it always seemed like he lost more on up days than he gained on down days. I sold around $4 a long time ago, and can't believe it's still below $5 with such a big decline.



To: Kid Rock who wrote (662)11/29/2000 3:57:15 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 793
 
I remember thinking the same about BEARX - that was basically under performing the 'inverse NASDAQ'. I think part of the problem is gold and gold stocks still get no respect even in the face of a major market decline (an in fact are still in a down-tread).

I've been benchmarking BEARX against MERFX. MERFX is a fairly market neutral fund involved with merger arbitrage and has been doing relatively great this year.

The problem with shorting the market is I evidently can't time the market will enough to really profit from it.