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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (22389)4/6/2000 10:35:00 PM
From: npiwovar  Read Replies (4) of 54805
 
UF,
This recent correction also hit me hard...on paper.Thankfully I have abided by the FM and not sold anything.Looking at the tremendous buying opportunities presented made my mouth water, as I'm sure it did other GGers. I was pretty much fully invested and wasn't able to cherry pick the bargains I wanted.(I was able to get some bargains for my son's portfolio)My question is..What is your opinion of holding cash in reserve (as Freeus has suggested), and if you do, what percentage would you hold out for buying opportunities like the other day.Or do you think this is a foolish attempt to time the market and that it is better to stay as fully invested as you are comfortable with.
Neil
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