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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: vampire who wrote (408)10/13/2001 9:53:48 PM
From: Phil(bullrider)   of 99280
 
Metsin,



I have a friend who wants to try his hand at timing the market but doesn't have enough money for individual stocks (or enough for the Rydex or Profunds families minimum's which woulda been ideal)

It sounds as if she/he want's to start with almost nothing and make a bundle.

With all due respect, your friend sounds a lot like some that made a few dollars in the market, got greedy, leveraged everything, and lost it all.

I believe your friend will be among the losers unless she/he is extremely lucky or extremely savvy.

I believe you should point them to some "blue chip DRIPS", let them get a feel for the market, buy individual stocks in small lots, and go from there.

IOW, set up their own "mutual fund".

Have fun,
Phil

BWTHDIK
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