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

To: StockHawk who wrote (6565)	9/19/1999 3:56:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 54805

StockHawk, So it may be more correct to say that past lower prices are not an obstacle to buying - but they are a factor. If a company is not screened out using my various filters, I really don't care about the previous stock price. As an example, if I were to study Cisco and determine that it got through all my screens, I wouldn't give a hoot if the price had fallen 40% at the time I completed my analysis. Just the opposite, I might consider it a very lucky, opportune time to pick up a bargain. But it would only be luck that is icing on the cake. It wouldn't a factor in the smallest amount of my decison-making process about whether to buy the cake. There are a lot of ways to be successful in the market. My way absolutely excludes using former stock prices (both higher and lower) as a factor. It's just my approach that works for me. --Mike Buckley