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

To: Michael July who wrote (490)	12/15/1998 7:08:00 PM
From: Gwolf	Respond to of 793

I had a conversation with one of the analyst at BEARX about three weeks ago and he told me that the funds performance would be the inverse of the NASDAQ composite. Yesterday the NASDAQ was down 62.40 and the BEARX was up .13, today the NASDQ was up 45.70 and the BEARX was down .17, something doesn't seem right. It makes you wonder if they aren't shorting some of the internut stocks, whatever it is it's killing my net worth. Gwolf

To: Michael July who wrote (490)	12/15/1998 7:13:00 PM
From: Rambi	Respond to of 793

I'm puzzled also, Michael. We reversed five days of decline and then some in one day. I'm not happy at all about the performance of this fund which I had understood to be a better one than the Rydex Ursa. Someone must be making money somewhere, but it's not I.