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To: dr. z who wrote (10767)	6/25/1998 3:50:00 PM
From: bruce bell	Respond to of 42787

the Nova and Ursa funds invest in options the sections and otc do not. The point that I was trying to make is if and that is a big if you invested in both funds Nova and Ursa only, you would have not make as much but would be protected on the down side, if one goes up 25 points while the other goes down 5 point. Would you not protect the down side now if you did equal $ amount? Bruce I use TA to locate the bottoms in the last year or two to buy these section funds. Sold My Energy Service today. Bruce