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


To: Bonnie Bear who wrote (303)8/26/1998 6:47:00 PM
From: Tommaso  Read Replies (1) | Respond to of 793
 
BEARX up better than 3% today with indexes down much less than that--NASDAQ something like 1.67% I think it was, and Dow and S&P less than 1% down.

So it's positioned the way it is supposed to be. But with the steady erosion of capital from expenses and expiring options, you need to be pretty confident that the downside is what is ahead.