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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (5932)9/3/1999 8:16:00 PM
From: gdichaz  Read Replies (1) of 54805
 
Uncle Frank: To try to clarify. I was just looking for a general explanation of a puzzling situation re the Q. I expected a better bounce once the market started up again. In trying to think about it, it seemed to me that perhaps one piece of the puzzle was that momentum investors and others who ride a stock as a stock vs those who invest in a company and understand the fundamentals and the Q's strengh as a gorilla, might be lured away from the Q since it might be temporarily less of a "flyer" for the next few weeks or months if all the gloom and doom put out in the press had any foundation in fact.

Those people might simply look at other stocks making major moves up recently, and even more specifically today, and put $$s into them rather than back in the Q. Not smart IMO but maybe part of the puzzle. And new investors might pick a stock other than the Q, since it suddenly seemed to be less "fashionable" - a foolish choice IMO, but perhaps tempting to those with a short time horizon. I just picked 4 that I follow as examples to see if this idea made any sense to anyone here.

Cha2
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