Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Bruce Brown who wrote (35976)	12/5/2000 4:39:40 PM
From: Mike Buckley	Read Replies (2) of 54805

Would you classify today as one of those 10 days each year that investors would like to have been in the market? <ggg> Very good, Bruce! All joking aside, it is days such as today that makes it very risky in my mind for people to be out of the market. If I remember correctly that all the market's gains over decades happen in only about 8% of the trading days, surely today is one of those days that would fall in that 8%. Just last week I explained why I never worry when the worst "down days" happen. Ironically, just a few days later (today) my portfolio advanced the most in terms of percentage of increase than it has ever advanced in one day. Despite the short-term turnaround, my binoculars are clearly focused on decades from now, not this week. --Mike Buckley

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