Rothchild finds some compelling evidence that a Bear might be lurking in the woods. [He] addresses the subject with candor. The Wall Street Journal In a timely antidote to the fever now raging in the markets, Rothchild s new book dishes a long dive when investors least expect it. Washington Post Book World April 14, 2000. Rothchild finds some compelling evidence that a Bear might be lurking in the woods. [He] addresses the subject with candor. -The Wall Street Journal In a timely antidote to the fever now raging in the markets, Rothchild's new book dishes a long dive when investors least expect it. -Washington Post Book World April 14, 2000. Introduction xiii PART ONE Bears Will Rise Again Are Stocks Really that Great? 3(5) The Case for Cutting and Running 8(6) Buy, Hold, or Fold 14(4) If You Make Money in a Down Market, Don't Tell the Neighbors 18(7) PART TWO How to Spot a Bear The Ursa Majors 25(4) Deflating Bears, Inflating Bears 29(4) Are Earnings Overrated? 33(8) Pulling the Trigger 41(5) Tops, Bear Bottoms, and Rallies in Between 46(12) Early Warning Systems 58(15) PART THREE Who's Crying Bear? The Fully-Misinformed Investor 73(7) The Cassandras 80(3) Forecasters and Economists 83(5) The Doomsday Best-Seller 88(4) Beware the New Era 92(4) The Bearish Newsletter 96(4) Fed Watching: A Profitable Pastime 100(7) The Cover Jinx 107(6) PART FOUR It's a Bear's World, after all There's Always a Bear Market Someplace 113(10) The Global Hedge 123(154) PART FIVE Bear-Proofing the Portfolio The Bear Busters 131(7) Cash Is Trash, But Not Always 138(9) Hiding in Bonds 147(8) Will Gold Stop a Bear? 155(8) The Disappearing Dividend 163(7) Jumping on the Next Bull 170(7) PART SIX My Mutual Funds Will Save Me and Other Fallacies Mutual Miser 177(9) Bear-Friendly Funds 186(21) PART SEVEN Winning from Losing The Short Sale Made Simple 207(7) Where Are the Short Sellers' Yachts? 214(9) PART EIGHT Bear's Gazette Hall of Fame 223(16) Could 1929---That Is, 1931---Happen Again? 239(6) Survivors from the Crash of '29 Speak Out---All Are Bearish Today 245(8) The Pessimists' History of the World 253(8) Bearish Odds and Ends 261(16) Index 277