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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Curbstone who wrote (306)	2/22/1999 12:44:00 PM
From: Uncle Frank	Read Replies (2) of 54805

Aloha, Aloha Mike (and I'm not stuttering). Beautiful clear day in San Jose; bet it's fantastic in Maui <envy>. As we speak the G&K Index is up 1.73% for the day versus 1.36% for the nasdaq composite. I view this as a bearish indicator; too much money flowing into the G&Ks too quickly for no apparent reason (maybe AOL is leading the sector based on tomorrow's split). My action was to sell cc's on two of my core holdings for a great premium. Hope I'm wrong, but I have this gut feeling things will turn negative this PM. Frank

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