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

To: Uncle Frank who wrote (10216)	11/12/1999 11:02:00 PM
From: chaz	Respond to of 54805

I wouldn't dare predict a pullback...either as to when or how much. But I know it's out there, and you probably do too. It won't be based on fundamentals....we'll have lots of warnings about that kind. The one I'm talking about is market based....a news item somewhere, maybe somebody comes up with a purely malicious, or just plain wrong-headed, ill-informed analysis. Do all of us actually need to sit through another 15,20,25% hosing, or could we not consider ways by which we might prepare ourselves profitably. I wouldn't sell short, not for a moment. But a future pullback: is that a good time to buy LEAPs? Lindy took nearly 20% on the chin, sold, got wise and rebought in the nick of time. How will he handle the next one? Lesson for others in that? I on the other hand got spooked out of it to my sorrow. If I can learn to recognize a pull back early in progress (I don't mean predicting one), then mabye some lost ground can be retaken. The Q lesson kept me in GMST. Anybody else with comments to offer?