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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: William who wrote (4919)8/17/1999 9:09:00 PM
From: Uncle Frank  Read Replies (2) of 54805
 
>> Any thoughts on why it was up 7% today?

Probably the gods of the market trying to teach me humility <g>. There was no news that would have driven it, so it must be rumors. Or maybe one of the big actively managed funds decided to stay closer to the S&P500 by actively emulating index fund holdings; but with their 3% front end loads, 1% surrender fees, .8% 12B1 fees, and 3% management fees, they don't have much of a chance.

My god, William, were you short calls when Q had it's 55 point day?

Frank

btw, not to worry; unless I get called early, I'll buy back the calls late Friday afternoon.
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