Today their top 3 gaming positions were up almost 3% but the fund was up only .37%. That tells me theyve sold their gaming positions. Right? Anyone concur. Thats ok with me, as long as the pick the next major sector move!!! What a kick ass fund!!
No need to pay too much attention to daily change.
I think this fund is different than two other funds BARAX and BGRFX: 1)It uses short; 2)It uses leverage. So it's more hedge fund style. If you invest into it, you need to know the risk is higher. It's standard deviation is very high (see http://finance.yahoo.com/q/rk?s=BPTRX).