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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: MulhollandDrive who wrote (7557)10/5/1999 12:30:00 PM
From: Teflon  Read Replies (1) of 54805
 
bp, momentum is a big part of yesterday and today's action. Once it stops, the swing back will be quick. I view GMST at $70/share as a *GIFT*.

Just my opinion, and I certainly respect the decision to hold off...this also reminds me of when QCOM dove down to $155/share a couple of weeks ago. I understand the slight differences between the RMBS/QCOM situation and GMST current perils, but the opportunity remains the same to me. Again, the momentum traders and arbitrage players are having a field day.

Teflon
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