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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (11731)2/5/2000 11:56:00 AM
From: Allan Harris  Read Replies (1) | Respond to of 15132
 
Plain talking risk disclosure language from Mutual Fund prospectus:

Risks of Investing in IPS Millennium Fund

We buy scary stuff. You know, Internet stocks, small companies. These things go up and down like pogo sticks on steroids. We aren't a sector tech fund, we are a growth & income fund, but right now the Internet is where we think most of the value is. While we try to moderate the consequent volatility by buying electric utility companies, Real Estate Investment Trusts, banks and other widows-and-orphans stuff with big dividend yields, it doesn't always work. Even if we buy a lot of them. Sometimes we get killed anyway when Internet and other tech stocks take a particularly big hit. The "we" is actually a euphimism for you, got it?


Message 12780492

A



To: Kirk © who wrote (11731)2/5/2000 12:31:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
sentiment

bulls 52.3
bears 29.7
bulls/(bulls+bears)=63.78 down from 68.17 previous week. A sharp drop as the survey was taken when the market was sharply correcting

Note:the latest info was gotten from Barron's online and they obviously inverted the bear and correction numbers for the last survey. I am assuming that other than this the numbers are correct as their previous week's numbers are definitely correct

Marc



To: Kirk © who wrote (11731)2/6/2000 7:04:00 PM
From: Digger Sacket  Read Replies (2) | Respond to of 15132
 
Can anyone explain to me why bonds are being recommended right now - with more interest hikes on the cards.
And why recommend GNMA bonds?

Digger