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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: waverider who wrote (74222)4/5/2001 8:41:40 AM
From: DlphcOracl  Respond to of 99985
 
**OT** Response to Diamond H regarding mutual funds.

I have not had previous experience with the funds I have listed. I have selected them because they have several characteristics:

(1) good performance in both up and down markets.

(2) in most cases, a portfolio manager that has been at the
helm for at least 5 years.

(3) in many cases, an average 20% per year return over the
past 7 to 10 years (where the fund has been in existence
that long).

(4) in the case of the small and mid-cap funds, a small
amount of money being managed. This is quite important
for a successful fund specializing in small and mid-caps.

If you are uncertain as to whether you want to use mutual funds, as opposed to buying and selling individual stocks on your own, you may want to consider opening positions in the small and mid-cap funds I've listed with the minimal amounts that they require. The best small and mid-cap fund managers will close their funds to new investors when they reach a certain amount of money being managed. This will leave these funds available to you in the future in you ever decide to go this route.

DlphcOracl