Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: waverider who wrote (18085)	4/5/1998 1:08:00 PM
From: Thean	Read Replies (1) of 95453

Diamond - IDB is very successful based on volume growth and this is a fact. I can say I benefited from the CANSLIM principle overall but not on the drillers. As to William O'Neil's mutual fund, I know nothing about it. It would help if we know what stocks he buy in that fund. If he can buy only 10 stocks and they are all internet and pharmaceutical stocks, I think his fund should beat the market by much. However, if he needs to diversify and invest in drillers for example, his method will not work as well. It really helps to know what his funds buy and how diverse his fund holdings are before jumping into CANSLIM does not work conclusion.

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