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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Paxb2u who wrote (9695)	11/14/1997 11:46:00 AM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

Peter: Afraid not. I have a little bit in RYURX, it's OK but BEARX seems to have the edge. I'm having good luck shorting TROW instead of SPY, most of their business is international and tech mutual funds and their valuation is obscenely high, so you might try that if they have an "up" day. You can call BEARX 1-800 number (on their web page) they can take wired money. I bought it through Schwab, there's a few brokerages that handle it. I think Quick and Reilly can get it. Isn't it time you moved out of e-trade anyway? Check out suretrade, it's backed by quick and reilly...I wrote to them, they can handle short sales and you don't have to close out your positions to move your account.

To: Paxb2u who wrote (9695)	11/14/1997 12:56:00 PM
From: Tommaso	Respond to of 94695

Change to Quick and Reilly. They will buy you all the BEARX you want for $25 flat commission.

To: Paxb2u who wrote (9695)	11/14/1997 1:43:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

Peter: word of advice on BEARX...it is VERY volatile, I've lived with it through 5% a day swings in either direction. If you have difficulty stomaching the volatility just drop a little money in and wait until you are up 5-10% to drop in some more. I was up enough from aug-sept that I dropped in more this week. The bulls roll along as though nothing is wrong, BEARX loses a few percent, and then SPLAT! the market goes down. And when it goes up again BEARX has snagged another several percent from the garbage stocks sold in the selloff. So it's doing nicely with the S&P flat.