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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (14282)11/14/1997 5:36:00 PM
From: Tom Trader  Read Replies (3) | Respond to of 50167
 
>>dont consume yourselve in useless debates- this makes me smile

I love it --when I answer point by point responsing to your posts, it is a useless debate but when you write dissertations expounding your point of view, then you are not indulging in useless debates.

I am glad to have brought a smile to your face

>>Bearx and SPY are bleeding

Just fancy that -- finally they are bleeding

And yes, I went long the S&P futures yesterday before the close -- and I posted it when I did so.

Not a case of going long 300 contracts of the SOX as a response to a posting of mine.

Good trading--and keep smiling



To: IQBAL LATIF who wrote (14282)11/14/1997 6:17:00 PM
From: Snowshoe  Respond to of 50167
 
Ike and All: Comparison Chart of BEARX Performance...

Here is a chart that shows the relative performance of two bull funds and two bear funds over the past three months. This chart loads quickly, and by simply clicking on a button at the bottom you can change the time period: tscn.com

BEARX is the clear winner on the 1-month and 3-month charts, but the Vanguard S&P500 is the winner on the the 1-year chart. So it all depends on what time period one is looking at. If I recall correctly, Bonnie Bear got into BEARX in August. If so, she made a good call as of now. As always, things could change tomorrow.

(Warning: The 1-year chart may be somewhat skewed due to fund dividend distributions in December 1996.)

Bull Funds on the chart:
VFINX - Vanguard S&P500 Index Trust Fund
PRSCX - T. Rowe Price Science and Technology Fund

Bear Funds on the chart:
BEARX - Prudent Bear Fund (managed contrarian fund, can be short or long)
RYURX - Rydex Ursa Fund (shorts the S&P500)




To: IQBAL LATIF who wrote (14282)11/15/1997 2:30:00 AM
From: robnhood  Respond to of 50167
 
IQ,,,your neat
rrman



To: IQBAL LATIF who wrote (14282)11/15/1997 10:04:00 AM
From: Riskmgmt  Read Replies (2) | Respond to of 50167
 
Ike;
I think that you know me well enough, to know, that I would not attack you, Therefore, let us just review, without the need to defend, or pretend, honestly, how we can improve, our already outstanding thread.

You know, that I, like many others here, admire and respect your knowledge and Macro-ecomonic view. I know of no-one posting on SI that has the "big picture" view of all the world markets, politics, etc., that you do. That is your forte. But, as you have said yourself, here a few times-picking individual stocks isn't your specialty. This is why, it is helpful, to have Judy, Tim, etc., to do check them out.

I don't know Trader Tom, Kevin, Lisa or Don Sew other than by their posts. Each, one I believe has their own area of specialty. And, they are all different. As you have said Don was a great plus to this thread, we were richer and better informed with his contribution that without. I think the same can be said for the others.

From reading TT posts, over a year now, I have found him to be informed, knowledgable and a perfect gentleman. I personally did not see anything in his posts as an attack. We have lost many good contributors on this thread when really there is no need. We are not here to compete but to contribute. You started this thread and have contributed much and, as you have said, it is much richer because of different views and contributions of others.

You and I both, were keen on ASCEND when it was about $40, it is now about $24. 'Oh for a Kevin, Don, Judy, TT or Mohan to give an "I disagree" back then. We would be richer today (least I would).<G>
You are a fine trader you have my utmost respect, you know that, you also are a magnanimous host. Let us welcome these contributors here, as if guests in our home and grow richer by the expansion of our minds and hearts.

sincerely,

Ray P.S. You, me, TT and even Judy think this may be bottom, now we really need to hear from Mohan! <G>