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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Bretsky who wrote (30331)8/23/2000 12:47:39 PM
From: StockHawk  Read Replies (1) of 54805
 
>>I bought into SEBL,PMCS,NTAP, and CREE all at points when they were a bit beaten down and already have some very nice profits on all of them. I know we constantly downplay Timing here, but the more educated we are on how each stock ranges historically, the better odds you have IMO. <<

I think that is a good observation. Stocks go in and out of favor for a variety of reasons. If our selection criteria ignores market fads and focuses on fundamental prospects of the companies we follow than it seems prudent to try to tilt the odds a bit by adding new dollars to stocks that present a "better value".

Perhaps the best time to buy is when a stock begins to recover from a period of weakness. My most recent purchases have been to add to my SNDK holdings. This is a stock that dropped from over $160 to under $60 during a period when fundamentals seemed to be improving. After falling, and then going nowhere for three months it appears to be moving up now, but is still at bargain levels. I find that appealing.

StockHawk
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