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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (34622)	11/13/2000 10:36:25 AM
From: mauser96	Read Replies (2) of 54805

Well I may have bought some of those shares. As you may know I've been a big fan of accumulating a cash position during good times. The converse also holds true, so starting today I'm beginning to start dollar averaging back in the market. To avoid the "ownership bias" I'm doing it with QQQ and SPY. I was waiting for NASDAQ to go below old lows and trigger off technical selling. We may be seeing not only margin calls, but also selling by foreigners who incorrectly think our democracy is in danger because of the election. The election crisis will be solved, eventually one of the candidates will concede. I have no idea when the bear will end, but it will end sometime, and statistics have shown if you miss those first few days of the new bull, you miss a lot of the total gains. My plan is still to retain enough cash so the important parts of my life style aren't threatened by market fluctuations. Thanks for sharing your moves with the board. That may take even more guts than putting everything into QCOM. The miasma of pessimissim spreading throughout the SI boards may be a good sign that we are not that far from the bottom. The same emanations must be reaching the Fed .

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