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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (1149)4/6/1999 7:22:00 PM
From: Tony Viola  Read Replies (2) of 54805
 
Frank, >>my whole strategy for buying the Gorrillas is to buy them at the bottom of what
I believe will be huge correction...


Maybe he is alluding to a big correction that might take place for fear of the "Y2K nuclear winter." I don't think the Y2K problem will be that big of a deal, but what I do fear is the self fulfilling prophecy phenomenon getting to the stock market. Get enough people talking about something and it might just happen (like I am right now, shut up!). Now, why is it that G's and K's hold up better? Compared to the S&P500 (Schwab 1000 to represent below), they don't. Three gorillas got hit more than it did last Oct.. Intel still a gorilla (how quickly they forget), Microsoft and Cisco. Anyway, the big guys do recover a lot faster.

quicken.excite.com

Tony
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