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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Apollo who wrote (4418)	7/31/1999 10:33:00 AM
From: Mike Buckley	of 54805

Stan, I tend not to use stop-losses on my longterm holdings, because of past experience at being stopped out of a company I want and which then takes off after I'm out. Same here. I have instead been thinking of using some options to "buy insurance" for what might be rather predictable downturns in a stock. As an example, my Citrix has a history of plummeting following an earnings announcement. It's done it again and I didn't have anything in place to protect myself. Will everyone on this board please send rotten tomatoes through my modem next quarter if I fail yet AGAIN to get my butt in gear!!!!!!!!!!!!! --Mike Buckley

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