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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: MSI who wrote (4173)11/19/2001 9:28:44 AM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
<<aggressive bear funds>>

RYVNX is 2x short the NASDAQ 100.
RYTPX is 2x short the S&P 500.



To: MSI who wrote (4173)11/19/2001 2:39:24 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
MSI. vt gave you 2 good ones.

A well know alternative is of course Prudent Bear Fund (symbol BEARX) run by Dave Tice. I'm not in it right now. But several contributors here have worked successfully with it more recently than I have.

Had another one in mind, but can't find the url. If I can run it down later, will post.

Isopatch



To: MSI who wrote (4173)11/19/2001 3:04:25 PM
From: russwinter  Read Replies (1) | Respond to of 36161
 
David Tice and Doug Noland of Prudent Bear Fund are among the great anti-bubble thinkers of our era. I would definitely bookmark that fund. However, if you look at the performance, it's poor. They tend to do so-so in market breaks and quickly give it up any time the market stablizes or rallies.

In fact, I would avoid short selling period. Just to give you a little personal experience in it, note this chart of SCH, a stock I shorted after the "parabolic" move in early 1999 at 20. Notice another parabolic move where this tulip bulb ran all the way up to 50, when it finally broke with the rest of the bubble in 2000. Finally (and thankfully) I covered this short at 15 early this year for a whooping and hard earned 15% annualized rate of return. Short selling is very tough game that I would NOT advise. I imagine it's so for these bear funds as well.

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