Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bear! -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (54)	5/5/1998 7:06:00 PM
From: Michael Burry	Read Replies (2) \| Respond to of 278

At some point you warned me to stay out of the Prudent Bear Fund. I'm taking your advice. The Fund recently has begun to go down twice as much as the market goes up, and today it even lost more than the market when the market and just about every stock I track is down. I'm having a hard time getting a grip on this action, and I no longer view it as a pure hedge. My paper-tracking of its price tracking prior to my buy had led me to believe that it would be. But if he's losing one percent on a day like today, I''ve certainly lost my feel for the Fund. I'd love to profit from the coming downturn, and am still open to other ideas. Thanks for the warning, Mke