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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Nayan who wrote (39464)	12/15/1998 9:59:00 PM
From: Nayan	Read Replies (2) \| Respond to of 132070

MB, for your info smartmoney.com Do you think ERCY is an opportunity after the huge fall? I know that you have recommeded some individual oil and oil service stocks? If I were to buy only a few which ones would you recommend, I mean your preference order. Any solid sector fund you like in this area! Thanks. Nayan

To: Nayan who wrote (39464)	12/15/1998 11:49:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Nayan, The Ursa Fund is a bit too risky for my tastes, as you can lose as much as you make. It is possible to make contributions each month for 5 months and have a crash and still lose, because you paid too much in earlier months. That is not the most likely scenario, but it is possible. When I started doing 90/10, I started with $5000 in total capital in 1975. Now I have $5,100. <G> Seriously, you can employ 90/10 with about 3-5000 bucks, but you cannot use the thirds techniques. With $20,000, you can use thirds and some modest diversification. With $40,000, you can do the complete magilla. MB