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Pastimes : Prudent Bear Fund (BEARX): contrarian investing -- Ignore unavailable to you. Want to Upgrade?

To: Michael July who wrote (668)	12/20/2000 2:36:40 PM
From: Tommaso	Read Replies (2) \| Respond to of 793

The treasuries are there as security against the short positions. Look more carefully. The fund is 60-70% short (I am using memory--takes too long to call up the pdf file.) In fact, what it amounts to is that unlike you or me, the fund is in a position to collect interest on the short position through the treasuries. But you can't maintain a short position without pledging something against it--and that's what the treasuries are for.

To: Michael July who wrote (668)	12/21/2000 4:59:26 PM
From: Don Westermeyer	Respond to of 793

Here are some alternative short funds if you're a big gambler: Some like USPIX use strategies to track the 'inverse' NASDAQ with a 2X factor. These were taken from a 3 month 'winner' list on Yahoo. Rydex Dynamic Venture 100 RYVNX 126.68% ProFunds UltraShort OTC Inv USPIX 119.88% ProFunds UltraShort OTC Svc USPSX 119.35% Potomac Internet/Short 93.10% Rydex Arktos Inv RYAIX 59.28% Potomac OTC/Short POTSX 52.94% Prudent Bear BEARX 38.32% ProFunds UltraBear Inv URPIX 30.85%