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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (9215)	10/30/1999 2:07:00 PM
From: tekboy	Read Replies (3) of 54805

Ask and Ye Shall Receive: New Timing Test Back by popular demand is our mutual friend MoSSTeBoFS ("Modified StockHawk Short-Term Bottom-Fishing System"), a.k.a. Catfish. Jealous of my (much smaller) account's performance this week, the wife has ordered me to convert a small portion of her index funds into G&K holdings. (This recent development is to be welcomed, as it represents a distinct warming trend around the house. She nearly stopped talking to me a couple of weeks ago when, after repeated urgings, she finally sold her beloved Ericsson to buy the Q--only to watch Ericsson leap upward 15% a couple of days later when it blew past earnings estimates. Gotta get a new couch, those lumps are distinctly uncomfortable to sleep on!) Anyhooooo....this provides sufficient capital for a new public real-time MoSSTeBoFS test, so here goes. Demonstrating my confidence in the system (and trying to save on commissions), this time I am merely noting the initial market price (Friday's close) rather than buying in halfway at it. Plus, I am adjusting the limit orders slightly to reflect my hunches about the short-term performance of the stocks (with earnings coming up and all). Plus, I am giving the test a full week to work. The Strategy Trying to take advantage of normal volatility to get a discounted price on purchases that I have already decided to make, I have just entered "good til canceled" limit buy orders on four popular G&K stocks. If by next weekend the limits haven't hit, I will change the limit orders to market orders. I will post the results after the test is completed. The Stocks and their Initial Market Price (IMP): QCOM 222 3/4 GMST 86 7/8 JDSU 166 7/8 CSCO 74 GTC Limit Orders Set as Follows: QCOM 217 1/4 (-2.5%) GMST 84 3/4 (-2.5%) JDSU 154 1/2 (-7.5%) CSCO 68 1/2 (-7.5%) tekboy@ifthisdoesn'tworkit'sthecouchagain.com

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