Thursday, November 20, 2008

Exchange Traded Bear Fund Update November 20, 2008


I continue to hold my shares in the stock market Bear Funds and see a high probability that they could become more profitable with a further market decline. Here are the current charts for the Canadian TSX 60 Index Bear Fund and the US SP500 Index Bear Fund.
These funds are like holding short positions without the risk of losing more than you paid for them. Also, unlike buying "Puts" they have no time limit working against you.

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