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

To: Al Serrao who wrote (9334)	11/6/1998 3:51:00 PM
From: Mr. BSL	Respond to of 34811

Al, I checked out Fasciano (FASCX). The reason that it is rated **** is because it doesn't get pounded in down markets. IMO how a fund does in a down market doesn't matter to P&Fers because we are usually out of the market when the other team has the ball. Since the 10/8 bottom, this fund is only up 14%. The S&P500 is up 18% and many of the other funds I listed are all up about 30%. Fasciano overweights the financials & services (especially media) and underweights technology. He doesn't like technology stocks because their product cycles are too short for his three- to five-year investment horizon. Right now the small cap market is throwing money at us. FASX is a tea cup. RSEGX,RSMGX,FUSMX,JAENX,BESCX,BENGX & DRLEX are vacuum cleaners! Dick