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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: waverider who wrote (18119)4/5/1998 11:41:00 PM
From: Chuzzlewit  Read Replies (1) of 95453
 
Diamond, diversification is not one of the hallmarks of CANSLIM. It's really just a variant of momentum investing. As I recall, the fund went out of business and is now being administered by another fund. Also, I believe the fund was ranked in the bottom 10% of all mutual funds. None of this has dampened O'Neil's ardor for the system. I'd hate to see what its performance would be like in a bear market.

Regards,

Paul
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