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


To: Douglas W. DeVries who wrote (10154)11/12/1999 12:11:00 AM
From: Uncle Frank  Respond to of 54805
 
Thanks for the midwest report, Doug. Out here on the left coast we are beginning to get a little concerned about the MoMo-like behaviors that Q is exhibiting. G&Kers have only been in Q for 7 months max., but we know that the Q moves in fits and surges, and periodically retraces 15 to 20%. The current rise, fueled by the 4:1 split, resembles an Internet stock move, and has stressed out the normally unflappable Aunt Nancy. Don't tell her, but I'm kind of enjoying the ride <g>.

I don't think we should try to time this run, but we shouldn't ignore the possibility of retracement either. I hope none of the Gorilla gang is deep in margin at this juncture, because the situation is not very stable.

jmho,
uf