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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (6277)	9/13/1999 1:16:00 PM
From: rel4490	Read Replies (1) \| Respond to of 54805

"Besides, if I could time stocks with any consistency, I'd be a daytrader, not a Gorilla gamer." For years I "timed" my purchases and sales of what are now called the gorilla stocks with very respectable results. But in hindsight, I missed out the major multiple returns of buy and holders, because the stocks always recovered and blew back past my sale prices while I waited for the correction that never came to reenter. Now I just ask myself whether I think the stock will be substantially higher or lower in the next 18 months. That got me through the October decline last year and will get me through the Q decline now. I look at my additional purchases last October as icing on the cake. My additional purchases of Q now will look great in 18 months.