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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: StockHawk who wrote (25396)	6/2/2000 1:56:00 PM
From: StockHawk	Read Replies (1) of 54805

>>Now is the time to strengthen our resolve<< Just thought I would follow-up on something I posted exactly one week ago. I suggested that if tech volatility was causing anyone to consider reducing their tech exposure, that it was probably not a good time to be selling tech stocks. In the four trading days since then most of the stocks we watch here have risen quite a bit. While we have a very long way to go, at least we are off the bottoms right now. While I'm not suggesting that anyone bail out now, if you were close to capitulating a week ago, at least now you can look over your portfolio in a slightly better light. It is generally best to trim on strength. No one knows if this recent rally will continue. On the positive side we have continued favorable economic reports coming in revealing a slowing economy. Also, market volume is rising on up days and many more stocks are rising than are falling. I saw one comment yesterday that there was "panic buying" by some who did not want to miss the upswing. On the negative side, this upswing happened very fast and profit-taking could come in at any time. Plus Greenspan could ignore the evidence and, you know. StockHawk

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