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

To: Tommaso who wrote (331)8/31/1998 7:36:00 PM
From: drsvelte  Read Replies (1) | Respond to of 793
 
Am now up 17% with BEARX. It is working as advertised! A question or two: when is a good exit point and what does Tice do when the market bottoms and starts to work back up? Is there a change in strategy?



To: Tommaso who wrote (331)9/2/1998 7:04:00 PM
From: Peter V  Read Replies (2) | Respond to of 793
 
I bought some more BEARX today. THe rally today was weak with no follow through. Tice, however, must be shorting the heck out of the high-fliers like AMZN and YHOO, which went up today and BEARX lost 2.13%, even though the S&P was down slightly (but the Nas was up over 1.13%). Looking for more selling to occur.


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