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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (7552)	11/10/1997 4:23:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 18056

I always like to see BEARX do its thing, but as I have mentioned I am waiting for a rollover into my IRA, so I'd like to buy it as cheap as possible. I may even trade it some, since that $25 flat commission is so cheap. You could put it in and out in $10,000 lumps and only pay a half a percent total commission for a roundtrip. I suspect that on the way down to its ultimate lows there will be some dramatic intermediate ups and downs. I am just thinking about the false bull market in 1970. But almost everyone agrees that you are more likely to lose money than to win. I am not so sure if that's true with BEARX. With dividend-paying stocks riding up from a long-term low, you are certainly better off not trading the market. But with BEARX the funds taken out would be earning a not-too-bad money-market return. But maybe I better go in all at once when I get the money, and then take profits periodically on the way down, reinvesting in case of temporary recoveries. When one day can mean 11 percent, it could be worth while. Well...these are speculations on speculations.