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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: elepet who wrote (23137)4/20/2000 3:05:00 PM
From: areokat  Read Replies (4) of 54805
 
"At this moment I'm down more on GMST than the whole rest of my portfolio, and I have a feeling that those who bought recently are in the same position. Does anyone have any idea of a time frame for this particular stock to make ny real head way up?"

It's natural to feel this way right now but you want to stay focused, as much as possible, on some basic foundation ideas, if you believe them.
1. Stocks do not go up and down together in lock step.
2. Over a long period of time (3-5 years) most stocks that you've done DD on will go up, you just don't know when.
3.Stocks fluctuate both ways in short periods of time, spending most of their time standing still.
4. Annual returns of more than 11% (the long-term average) are abnormal.
5.Most of the people in the market right now do not have a foundation as far as their investment philosophy goes.It's what ever's hot. If you have one or develop one you are ahead of the game.
6. If you have a diversified portfolio of as few as 5 stocks you have selected carefully your portfolio will do well over the long run. Not ever stock has to be a 10 bagger; one is all you need. More than that, count your blessings.
7. The GG is a particular approach to investing in a small segment of technology stocks with the promise of above average returns, if we do our job. Most people in the market today do not have the patience or desire to follow GG principles therefore I am not concerned that it will become so popular that it will loss its effectiveness.
8. Everybody (most everybody) needs a little handholding occasionally. You've got GMST, I got PSFT.

Save your post and read it again in December. Betch things look different.

Tom

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