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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: gdichaz who wrote (25622)	5/31/2000 10:17:00 AM
From: mauser96	Read Replies (1) of 54805

"What to buy".. I always assume that I have some built in bias towards stocks I already own. Since I'm long term oriented that must mean that I'm biased toward a long term favorable future for them . I will try to overcome this, and can do it on a conscious level, but my sub conscious has a mind of it's own (I know, terrible pun <<gg>>)and I don't trust it to stay out of the decision making process. Therefore, I usually pick something new to dollar average buy. Almost always it's somewhere in the G&K group. Candidates I've looked at lately include ORCL, SNDK, and EMC. Buying something new has another advantage. If you try to keep you portfolio limited to X number of stocks, buying a new one forces you to look even more carefully at your old ones, and may be the key to getting you to dump that dog you were hanging on to more in hope than anything else. I don't care if I sell the dog at a loss, because the only thing that counts is whether the new buy will give a higher return in the future than the dog. Sunk costs are gone forever.

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