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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Paul Senior who wrote (35430)11/27/2000 9:41:07 PM
From: Joshua Corbin  Read Replies (7) of 54805
 
On this thread today, I see too much investing inexperience, too much margin and too much concentration.

There are excellent points, IMHO.

While we all recognize that this is better than 99% of all stock boards, this isn't paradise. My calculations have me reading about 18,000 messages. I've seen some helpful insight, clarification and insight on Moore, but I've also seen:

-- The QQQ as a substitute for the broker's money market sweep.

-- LEAPs as long-term investments.

-- The claim that "Gorilla stocks are the only sure things."

-- People jumping to buy stocks as if Project Hunt was the gold standard.

-- People fussing and fuming because they didn't sell QCOM at 200 - or buy it all back at 55.

-- That TFM/TRFM is the best investing manual for utter newbies.

-- Unprofitable companies as Gorilla candidates.

On this thread I see plenty of talk about margin, options and market timing. I don't see anybody talking about, say, going to BuyandHold.com or Sharebuilder to open dollar cost averaging accounts. The people who are holding seem to be those who already have substantial capital gains.

Is this investing for the long term or just another brand of speculation?
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