Gorilla and King Portfolio Candidates Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Curbstone who wrote (52367)	7/30/2002 4:24:19 PM
From: Eric L	Read Replies (1) of 54805

re: Technical Analysis of Gorillas and Kings Aloha Curbstone, << Does anyone here think there is a place for Technical Analysis of Gorillas and Kings as a basis for entry and exit positions? >> I have always (or at least generally) relied on TA (not my own) for determining entry points for companies I have decided after sufficient DD that I want to include in my portfolio. I commented on this back in the early days of this thread when you and I dialogued about Cisco and their earnings warning in 1994 (part of the Gorilla Game case study) which is when I took my initial Cisco position, so in a sense this is repetitive on my part. I added to my Cisco holding each and every year from 1995 to 1998 at within a point or two of its annual low. As I've commented here before, as a matter of portfolio balance I allow no company to constitute more than 20% of my equities holdings at end of year. I rebalance my portfolio between Christmas and January end and I move 20% to cash at that time reinvesting on corrections and fully invest again by end of October because of the historical seasonality of Nasdaq. Cisco has constituted 20% of my equities portfolio since 1997 so essentially it has funded many of my other equity portfolio holds. In most years I've had to whack it back to 20% at year end and on several occassions have bought it back on corrections. Each time I added I chose my entry points for the add based on TA of others. I'm using Cisco as an example, but I've done the same with many of the other companies that are in my portfolio today and in general it has paid off. I have not used TA as the basis for an exit strategy, because in general I have not had an exit strategy for LTB&H positions other than the annual rebalancing and reinvestment strategy I mentioned above. When we get into the next bull I may well reconsider that. I've made some attempts to become more familiar with TA in the past but in general I rely on others that practice the art or science or whatever you call that voodoo with what appears to be some skill. While there may (or may not) be "a place for Technical Analysis of Gorillas and Kings as a basis for entry and exit positions", I don't think it is suitable to discussions of G&K portfolio candidates on this board ... so I won't mention it here again ... for a while. <g> Best, - Eric -

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next