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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (3964)3/19/1999 7:37:00 AM
From: Lars  Read Replies (1) of 15132
 
Marc,

>>>
Also it will give me access to all those 2-beta funds so Lars won't be the only one getting those barrels of gains or he may still get a barrel of gains and I'll be heading for the soup kitchen.
>>>

I would exercise extreme caution with those funds as you already know. I closed out my UltraBull position awhile back. Mr. Market was kind enough to give an approximately 40% gain in a matter of a few months. Too much greed is not good. HA.

I only implemented this with a minor part of my portfolio. Thus Mr. Market couldn't hand me my head on a platter if the he continued to go against me.

I was lucky too. The market made the speediest recovery in its history.

I am still a 2 Beta Brinkerhead in my heart just not in my portfolio at this time.

Note: I caution anyone about using these funds. They are very risky.
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