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


To: Nichols who wrote (6286)9/13/1999 2:17:00 PM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
one thing I have learned-you cannot time the market.

I could have, and should have, sold on the last slide, and bought back in the end of last week. I am watching the market all day long, and, with everything in Q, can keep a close eye on it. I may miss the move back up, but, I don't think so. If I do, so be it.

This stock is so volatile that I am going to try to catch any major moves. It will keep me on my toes. I will be very open about doing it, and you will know when I win or lose.



To: Nichols who wrote (6286)9/13/1999 2:18:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
I like your approach, Nichols. The manual says on page 13:

Plan to hold the gorilla for the long term. Like most successful investment strategies, the gorilla game takes a "buy and hold" approach to the market. The fewer decisions you have to make, the fewer mistakes you will make. By contrast, "buy and sell" strategies inevitably force you to guess at timing. You might as well guess at dice - the odds are not any worse.


Rule 10 of Gorilla gaming (page 181) is:

Most news has nothing to do with the gorilla game. Learn to ignore it.


I would think this applies in spades to non-news, such as not showing up for an analyst's meeting. It's in bad taste, but doesn't mean there is anything wrong, except manners.

I have to take exception a comment you made in an earlier post where you state that, "There are plenty of Gorillas out there to invest in.". There are very few Gorillas, and only a single handful of Enabling Gorillas. Q is a treasure.

Franq

btw, speaking of disappointing performance, what the H is happening with the much ballyhoo'ed New SI? If I hadn't bookmarked the "outdated" Classic SI, I'd be talking to myself.