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Pastimes : Prudent Bear Fund (BEARX): contrarian investing -- Ignore unavailable to you. Want to Upgrade?

To: Kid Rock who wrote (280)7/23/1998 10:24:00 PM
From: Marc Phelan  Respond to of 793
 
Lets see.....

Dow is down 200 and BEARX is up nine cents.

So if the Dow goes down 1000 points more (5 X .09) Bearx will be near where I bought it!

What a dog! It would seem that I would have been better off buying long term puts on any index!

If this thing doesn't start reacting to the market I will be selling out next week. <sigh>



To: Kid Rock who wrote (280)7/25/1998 10:26:00 AM
From: Bonnie Bear  Read Replies (1) | Respond to of 793
 
I got out of this fund at the beginning of the year because this idiot refused to close his shorts on msft, cisco and dell. And some of his largest longs collapsed under heavy short-sales. Sorry- I tried to warn readers- if you want a short fund take a look at COAGX. Another warning, gentle readers- you'll have better luck shorting MDY than SPY.


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