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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (32596)9/29/2000 12:15:56 PM
From: ggamer  Read Replies (2) of 54805
 
I sold all my shares (they were all '02 LEAPS). I just wanted to sell a gorilla at its high which I had never done before. I also believe in long term investment and I know I can buy the stock back. Since it was a taxable account I would have to wait a while to see if I can re-enter the stock at a better price or buy the stock back at a much higher price. Time will tell.

I will let you all know how this strategy works. I have a feeling it won't. The one good thing about selling was that I got rid my margin and I have money left over to purchase more gorillas.

GGamer
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