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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: ratan lal who wrote (26962)	6/28/2000 4:33:00 AM
From: tekboy	Read Replies (2) of 54805

<<I guess my timing to stop trading and start LTB&H was'nt very auspicious.>> IMHO, that's precisely what the problem is. For example, take QCOM and GMST. How long was Q above 180--less than 24 hrs? and GMST above 90--what was that, a week tops? You just picked the absolute short-term top to start your new strategy, followed immediately by a disastrous rapid plunge. The bad news is, there's nothing you can do about it now. The good news is, if you bought those companies for the right reasons, you should still believe because the stories haven't materially changed for the worse at all. So you just have to be patient and hang on. I realize--believe me!--how maddening that sounds, but I truly believe that within a few months or--at most!--a few quarters you'll be well ahead. tekboy/Ares@BWTFDIK.com PS and, um, could you let us know next time you're gonna start establishing a position in something, so we can get ready to short it? thanx much...

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