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

To: tekboy who wrote (7821)	10/7/1999 5:40:00 PM
From: DownSouth	Read Replies (2) \| Respond to of 54805

I guess I was hoping that if, say, all of you wise folks agreed on a particular timing move then that would overcome my own timidity and self-doubts... tekboy, I won't presume to be one of the "wise folks", but I'll bet that the wise ones will say that agreeing on a "timing move" for a Gorilla stock is as simple as "buy on pullbacks". The real energy should be spent on identifying new Gorillas and Gorilla candidates. For candidates, the debate is when is the chasm crossed. Perhaps your view of timing is based on pricing. Gorilla Gamers' view of timing is based on a company's progress over the chasm, through the bowling alley, and into the tornado--a much more complex science, imo.

To: tekboy who wrote (7821)	10/7/1999 7:23:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

>> just what evidence is there that TA produces good results "with any degree of reliability over time"? None that I find convincing, but since you seem hell bent on timing, I thought I'd recommend TA. It reminds me of the story about the Rabbi and the Priest who went to a prize fight. Just before the opening bell rang, the Latino fighter dropped to one knee and crossed himself. The Rabbi asked, "What does that mean, Father?", to which the Priest replied, "Not a blinking thing if he can't fight." uf

To: tekboy who wrote (7821)	10/7/1999 9:06:00 PM
From: pala	Read Replies (3) \| Respond to of 54805

UUUH Techboy, I'VE READ MEN ARE FROM MARS and WOMEN ARE FROM VENUS. If you are thinking of you wifes money I would plead with you to consider some stale old Gorillas and let her suffer along with ~50%+ earnings. I don't think anybody on this thread would put anothers $$$ in Gemstar. We know we are gambling, the tornado may never appear, and if we see a ~70% loss of capital (RFM), we don't need to tell her, as our established Gorillas will save the day. Being invested 100% in tech is considered crazy by most, and if I was going to do it with someone elses money I'de play it real safe. Stale old Gorilla earnings will make you a HERO, with very little risk. Good Luck Doug

To: tekboy who wrote (7821)	10/10/1999 6:23:00 PM
From: StockHawk	Read Replies (1) \| Respond to of 54805

what evidence is there that TA produces good results "with any degree of reliability over time"? tekboy, I don't know if that was a serious question or not, but if you are in fact interested you may wish to look up an article by Mark Hulbert which appeared in the New York Times in August of this year. He sites studies that have shown positive result through the use of TA. Most compelling perhaps is the experience of Value Line. Most people are familiar with the Value Line Investment Survey and its long term record of beating the market using fundamental analysis (stocks ranked 1 for Timeliness have outperformed over a long period of time). In fact the track record of Value Line is one of the strongest arguments against the efficient Market Hypothesis, which states that no one can consistently and systematically beat the market. Well, what most people do not know is that Value Line has also published a Technical Ranking every week since 1983 on every one of the 1700 stocks they follow. From 1983 through 1998 their 1700 stock universe increased in value about 550%, but a portfolio of 100 stocks ranked highest on their technical criteria (adjusted quarterly) would have returned approximately 1300%. In fact their TA ranking system has beaten their much more widely known system of fundamental analysis. StockHawk