A high temperature superconductor material bearing system (38) This system (38) includes a rotor (50) having a ring permanent magnet (60), a plurality of permanent magnets (16, 20 and 70) for interacting to generate levitation forces for the system (38). This group of magnets are a push/pull bearing (75). A high temperature superconductor structure (30) interacts with the ting permanent magnet (60) to provide stabilizing forces for the system (38).