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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: h.l. meeks who wrote (6738)	11/10/1997 7:13:00 PM
From: Jumper	Respond to of 9285

Meeks, Here are 2 Mutual Fund Bears exchange2000.com BearX & URSA Link BTW, Japan opened with a bit more profit taking :) quote.yahoo.com^N225&d=t

To: h.l. meeks who wrote (6738)	11/10/1997 9:19:00 PM
From: Bonnie Bear	Respond to of 9285

Meeks: addenda to Jumper's post: I own three bear funds, RYURX, BEARX, and HRSMX (closed now to new investors). BEARX will go up/down several percent a day but appears to be the best of kind, and very conservatively managed. The S&P folks keep replacing stocks at a rapid rate to support the index so shorting it is not optimum, whereas BEARX seeks out the overvalued. Recommend that you leave some out in cash so you can go long when you see opportunities or rallies.

To: h.l. meeks who wrote (6738)	11/10/1997 10:44:00 PM
From: Jon Tara	Respond to of 9285

"What vehicles are there to play to bet on a market decline for the retirement acct.?" If you can buy mutual funds in your IRA account, you can buy Rydex Ursa Fund, which is basically an "inverse index fund" which shorts the S&P 500. Or, you might try Prudent Bear Fund, which is actively managed, and has the flexibility to go from 50% long to 100% short. Prudent Bear attempts to buy undervalued stocks and short overvalued ones. Their track record, however, is not good. In all fairness, it is a pretty new fund.