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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Kushi Kullar who wrote (32031)	9/1/1998 6:19:00 PM
From: baggo	Read Replies (2) \| Respond to of 132070

Kushi, I was looking for same opinion on PRUDENT BEAR which I bought today. Regards, Brice

To: Kushi Kullar who wrote (32031)	9/1/1998 11:25:00 PM
From: Knighty Tin	Respond to of 132070

KK, but not KKK <G>, Ursa is ok for a short term trading vehicle. The only thing I don't like is that it is a lobotomy index fund and that it can lose as much money as it can make. I don't prefer those risk reward tradeoffs. I'd rather buy puts on the OEX for a large portfolio. At least you can only lose the premium and you can do it 90/10 or interest only. The sad thing is, it requires several thousand dollars for a 1 lot, and that is kind of silly for most people. Ursa is a palatable alternative, but too risky for my cowardly lion personality. MB