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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Rick who wrote (22693)4/14/2000 10:29:00 AM
From: freeus  Read Replies (1) of 54805
 
Fred, it isn't the point of whether our companies will survive or not, of course they will.
But when you have doubles and triples in a few months, you clearly have "price bloat" and having had this happen to me two years in a row now (huge gains that have been completely lost once and 50% lost this time) I won't let it happen again.
There is always another chance to buy your stock at bargain prices.
And if there isn't, there's always another great company to buy sometime.
So next time I have a huge amount of profit, I'm taking it.
Allowing huge gains to dissapate is just plain stupid.
IMO
Freeus
Will I "know" when to get out and when to get in?
Of course not.
But I will know when I have doubles and triples quickly and I'll take them...keeping half the company stock, just in case it's going higher.
And when I see big stocks on sale, like now, I'll buy them.
(Csco at 60? Msft at 78? Qcom at 120? I'll take it!)
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