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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (14092)	2/14/1998 12:58:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

Jim, all: here's a URL that lists a great variety of interesting closed-end funds. biz.yahoo.com I wish I'd discovered some of these years ago. You'll find oil and gas trusts with 12% yield, a nice junk-bond fund, utilities funds, a couple of bluer-than-blue chip funds, a gold fund and a muni fund. The closed end funds have huge advantages since they don't have a managemement fee, and a limit and stop loss can be put on them like a stock. Conversely it's possible to put a buy order at 5-10% below its current market price so you can pick them up when the market hits an air pocket without watching the screen every minute. There's another severely undervalued closed-end set offered by Royce, OTCM, FUND, RVT. OTCM is microcaps, the microcap sector is pathetically undervalued, it's possible to find stocks at .25 book if the real value of their bond holdings was examined. Schwab cost me four times as much to buy a mutual fund held three months of less then a closed-end fund. For a bluer-than-blue-chip smallcap fund check out FBR1X, FBR growth and income, only thirty stocks. He has blue-chips like berkshire hathaway, barra, jefferies, schwab, plus many stocks showing up on the new highs list this week. The fund manager picks stocks with high-yield bond portfolios, screaming businesses and insider buying, as well as a fair number whose stocks are internally hedged against market downturns or make money on volatility. FBR smallcap financial (FBRSX) is another great fund. For another blue-chip fund check out the Muhlenkamp fund, I heard him talk on CNBC and he is a blue-chip manager of bluer-than-blue-chip stocks. He is accumulating high-dividend low p/e stocks like F and stocks of the pension companies. Track what he is buying.

To: James F. Hopkins who wrote (14092)	2/14/1998 3:29:00 PM
From: Lazarus_Long	Respond to of 94695

James - Which threads are you moving to? You're a pretty canny guy and I want to hear what you have to say.

To: James F. Hopkins who wrote (14092)	2/14/1998 4:41:00 PM
From: Liatris Spicata	Read Replies (1) \| Respond to of 94695

James- Would you come back if we changed the name to "Waiting for the big Hopkins"? Doesn't seem to quite pack the same punch, but your comments will leave a void on this thread. Unfortunately, your interest in funds is not entirely mutual, but I hope it works well for you. Regards, Larry P.S. This may come as a shock to you, but timing also helps in picking stocks!