To: Jim Battaglia who wrote (1117 ) 11/7/1998 1:20:00 AM From: ccportfolio Read Replies (2) | Respond to of 4916
Goodness Jim, you seem to be a little indignant that someone would follow another strategy. While I'm no expert on the Pit Bull Strategy, all of their manuals give you the necessary information to follow the strategy on your own with no extra fees involved. Their long, short, and option strategies have all been profitable for me which finally convinced me to try the more boring mutual fund markets. I'd say my mutual fund funds are separate from my speculative funds and I tend to be more conservative and trade them less often. If all is to be believed the Pit Bull strategy has amassed a pretty decent record over the last several years and I would be happy to participate in their successes and trade less often then worrying about trading Sector Funds as often as a new front runner comes about. If someone wants to save the daily work required to figure their own moves, the Pit Bull offers a daily update service for as little as 15 per month which gives much more than just the whens and wheres of which fund to switch into. That's $180/year and a far cry from the $700 to 1500+ for Guru prices that you've railed against. For me, it will be worth it so that I don't have to worry about these funds. Your service at $50/lifetime may be an excellent service and I may well subscribe since more information and differing opinions can never hurt...in fact, you may even show that you have a more profitable track record than other strategies, including the Pit Bull's. If that's the case, I'll definitely pay close attention to your calls. But, in the meantime, I've been very satisfied with the Pit Bull's service overall and am willing to continue following strategies that have been successful for me for quite a while. I'm not selling the Pit Bull, but because I was familiar with their other services they are why I got involved in Sector strategies. I'm not competing against you, nor challenging your methods or your success...I'm simply following a plan I'm very comfortable with and one in which I intend to obtain far above average returns on my Mutual Fund dollars....