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


To: Curbstone who wrote (14078)1/4/2000 2:17:00 PM
From: DownSouth  Read Replies (1) | Respond to of 54805
 
Mike, I keep eyeing G*, but have resisted. What did you read in TRFM to cause you to throw the fish back in the pond?



To: Curbstone who wrote (14078)1/4/2000 2:34:00 PM
From: freeus  Respond to of 54805
 
reQ and momo tendencies
Wed Dec 29th, 1999 was a momentum day to be remembered forever. In San Diego the front page headline of the San Diego Union (main SD paper) the next day was:
Qualcomm stock leaps $156 a share: closes at record $659; at start of '99 it was near $25.
Freeus



To: Curbstone who wrote (14078)1/4/2000 9:29:00 PM
From: Eric L  Respond to of 54805
 
Mike,

<< I was starting to lose my focus, but nothing a little close-reading of the RFM couldn't correct >>

A reread of the FM or RFM certainly doesn't hurt. A few weeks ago I closed out my (long standing) MSFT position to chase a Shiny Pebble. This was my original position 4 splits hence. I have never added to it, nor, prior to this, have I sold any.

I completed the trade then thought about it (Never sell Gorillas). Five minutes later I closed out the limit order for the Shiny Pebble and bought back my MSFT position with no penalty. Since then the Mo Mo Pebble has declined 15% and MSFT gained 1%.

As UF says, the Gorilla Game is about high growth, with preservation of capital, not instant riches.

Aloha to you too,

- Eric -