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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (3482)	11/21/2000 11:27:34 PM
From: Druss	of 19633

Tom--regarding KREM. I really should have longed that one. I was certain it would be a bear trap, I just couldn't bring myself to buy. For what it is worth I find it extremely valuable to read any books on the market that are best sellers. Beardstown Ladies, Peter Lynch and so on. KREM is a classic for someone who doesn't understand the market but is following Peter Lynch's "Buy what you know" strategy. I have never seen one of their stores but picked up enough knowledge (on shorts threads of all things) to know many people would be looking at it as a play. "I like the donuts, the store is crowded to the extreme---BUY!" These people don't look at fundamentals, they don't understand them if they do. They do have buying power though. I unfortunately do understand growth rates and fundamentals. Too much in this case, should have longed the dog. All the Best Druss

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