To: Luce Wildebeest who wrote (11890 ) 12/4/2003 8:21:30 PM From: Sig Respond to of 13815 <<< Thanks for your reply. I was thinking of this as a long position...whatever that means.I'm not sure I have the stomach for it anymore....long positions.Having been through the past decade with it's ups and downs and having held a number of cos, twenty or so, from the lows of this year I'm feeling like mutual funds directed by others might ease my troubled mind. >>> Thats a major part of the brokers game- create volatility and get people so disgusted they seek out the "experts". The quality of experts in this game about 2 out of a scale 10, as you can see by the numbers of people being prosecuted. This is a lot of work, and when tired I also picture finding the perfect LT investment but each one can scare a person from time to time. I have looked at funds which have some good stocks, but each one had a few I wouldn't touch with 10 ft pole- Perhaps HD,Wmt, Lu, Nt, or F, or BA , or an airline. Here is a portfolio of a friend who has money, doesn't need more, except for the challenge ADC EGP FR HIW KRT LXP NFI NNN NXL PWI REG RPT SFI TMA Big dividend payers. He is up 30% plus the dividends. At this time I am doing much better trading so am not looking for stability or survival I am looking for gold which is about 300%. I have traded several of them- Sfi, Nnn, Nfi Tma and am holding Nfi which has been a killer. The problem is how to gain confidence in this list or any other list or fund, and the only way I know is to own them - buy some, until it sinks in how they perform. I have about 5 stocks that I am "comfortable" with- they do not seem to have problems, expenses, write-offs, layoffs common to many tech stocks. Do not have a lot of analysts talking about them nor do they have a jillion options outstanding. Yes, you could probably find a suitable fund, but must be careful how they state(brag about) their 1 yr, 5 yr, 10 year performance. Can be very misleading. Whenever I think of funds I put "Janus" in the 'look up symbol' area and review the performance of their now more than 50 funds. Regards Sig