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


To: Nadine Carroll who wrote (57879)4/28/1999 1:11:00 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
I'm sure Earlie has his own suggestions, but you might wantr to look at this site:

bearmarketcentral.com

The ultra-bear OTC fund gives double inverse leverage on a lot of stocks you are interest in.

One can also short the technology index, XLK stock symbol, the components of which have had an enormous rise since last September. Shorting an index is a lot less risky than shorting an individual stock, but nothing is a sure thing.



To: Nadine Carroll who wrote (57879)4/29/1999 1:06:00 PM
From: Earlie  Respond to of 132070
 
Nadine:

These internet stocks are as dangerous as grizzly bears, and I know of no bear funds oriented to them exclusively.

I do think we are getting close and with such a magnificent distance to fall, one may well be able to wait until the pull of gravity is fully apparent.

I think we are getting close. The brokerage houses are fearful of them and keep raising the margin requirements, and the markets didn't like some of the recent numbers. I'm taking tiny nibbles and but will spit them out quickly if the taste is bitter. (g)

Best, Earlie