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                                                                   EXHIBIT 23.02




                          INDEPENDENT AUDITOR'S CONSENT





We consent to the use in this Registration Statement on Form S-1 of our report
dated February 16, 1999, on the financial statements of ProFutures Long/Short
Growth Fund, L.P. as of December 31, 1998 and 1997 and for the year ended
December 31, 1998 and the period ended December 31, 1997, and of our report
dated March 20, 1999 on the balance sheet of ProFutures, Inc. as of December 31,
1998, appearing in the Prospectus, which is part of such Registration Statement.
We also consent to the reference to us under the heading "General" in such
Prospectus.






                                    /s/ ARTHUR F. BELL, JR. & ASSOCIATES, L.L.C.


Hunt Valley, Maryland
October 22, 1999