21.   Strategists at Salomon Smith Barney recently downgraded the United States in global model portfolios in favor of Europe, citing cheaper valuations.

22.   The Fidelity Select model portfolio of Timer Digest provides a good illustration of how the Sharpe Ratio can deflate what otherwise appears to be impressive performance.

23.   The model portfolios have excellent track records.

24.   The only audited record for Master Key investments shows a model portfolio Leeb set up to promote his fax advisory service.

25.   Basic materials companies and energy stocks also have a heavier representation in her model portfolio.

26.   Cohen said her model portfolio carries a slightly higher exposure to financial stocks, which helped boost Dow components American Express and J.P. Morgan.

27.   Cohen told clients Tuesday morning that Goldman Sachs was reducing its weighting of stocks in its model portfolio.