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


To: Syd Deem who wrote (382)10/8/1998 8:01:00 PM
From: Tommaso  Respond to of 793
 
Well, "Whipsaw" put me onto BEARX and Bonnie concurred.

But then Bonnie jumped ship, began to vilify BEARX, and bought brokerage stocks. In case you read this, Bonnie, I am still grateful for inital encouragement though I had to sit through subsequent denunciations of Tice and defend him.

I think we must still be very caeful not to overstay BEARX if/when the bear market really gtes under way. I put it in that cautious way, having had to sit through almost two years of a continually inflating bubble and I am now not confident that something won't happen to send the charge of the light brigade of dipsters piling in again.

But bank credit may be beginning to tighten, despite continued offers to lend me 125% of my house's value.