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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: limtex who wrote (35133)11/21/2000 11:28:30 AM
From: StockHawk  Read Replies (4) of 54805
 
So we get a continuation of the almost daily reduction in the NAZ

It would seem that in any market situation participants have three choices:

Choice I - Take Decisive Action:

If one believes the market is headed up, buy stocks and call options.

If one believes the market is headed down, sell stocks, buy puts and short stocks.

Choice II - Do Nothing

Let long term growth take care of short to mid term problems. (I see most G&Kers in this category).

Choice III - Whine about it.

Oh, mommy, mommy, I'm afraid stocks are going lower. Once the NAS hit 2700 it's a free-fall to 700. Banks will collapse, the currency will be worthless, I will not be able to afford a blankey to hide under. Oh, mommy, mommy, I'm so scared. The market is being mean to me. Mommy, can we still afford soup?

Personally, I going to try #3 for a while.

StockHawk
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