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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: DownSouth who wrote (1504)4/26/1999 7:47:00 PM
From: LindyBill  Read Replies (3) of 54805
 
Well, South and thread, it looks like our Qualcomm "Gorilla" is emerging from the mist. When I predicted a 200 price For Qualcomm by the end of April, I thought I was a "Raging Bull", but we went from 189 to 218 today and settled at 203 1/2, up 12 5/8. I am up 40% on this "Turkey" in less two weeks!

If we get the quarterly earnings reports that are expected, we should hit 300 by the end of the year, IMO. We will take some general market hits, and probably a China scare, along the way.

This Bull Market is so volatile, that, after the up and down last summer, I am prepared for a 30 to 40 point drop to happen at any time.
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