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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: tekboy who wrote (10239)11/13/1999 11:21:00 AM
From: StockHawk   of 54805
 
>> what matters will be less general market performance than the performance of the companies in my portfolio<<

Nasdaq hits a bunch of new record highs, stocks we follow here like QCOM, JDSU, GMST, etc. make dramatic rises. Everything is going up right? Wrong!!

According to Investor's Business Daily 68% of the stocks on the NY Stock Exchange are trading Below their 200 day averages. For many, many investors - like those in value stocks, or small caps - these are not good times.

We have been skillful in our selection process and lucky in that the market for tech stocks is strong now. Undoubtedly, there will be tech corrections in the future and some of our stocks will underperform the market. However, if we stick with our rigorous stock selection criteria, and can avoid jumping ship when the storms come, we will beat the market (and outperform Buffet).

StockHawk
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