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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Dennis J. who wrote (5919)	8/15/1998 9:26:00 PM
From: Mr. BSL	Respond to of 34810

Small portfolio (20 stocks) a tremendous single stock risk? I believe so but that's just my opinion. The three portfolios that Preston & I have created and are tracking have twenty stocks each. Perhaps my views will change after we complete more "forward" testing. Best Regards

To: Dennis J. who wrote (5919)	8/15/1998 10:20:00 PM
From: Dennis J.	Read Replies (1) \| Respond to of 34810

Duke60 Please understand. I think your work with Wizz is just great. All that said, your portfolios may have considerable covariance, They are all VL 1 and 2 rated large caps (mostly), US stocks(?), all longs, no confirmed diversity across sectors, no stocks from "dogs of the dow" and other future market leaders (only those with historically great track records). Look at how TD invests $10,000 in 3 parts. He gets good diversity with less than 20 stocks, and seems comfortable. Also has a pretty good record. Just a few ideas to ponder. Dennis