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

To: mauser96 who wrote (16688)	1/28/2000 12:48:00 PM
From: Boa Babe	Read Replies (3) \| Respond to of 54805

Averaging Down Lucius, I heard long ago that it's not a good idea to "average down", meaning to buy shares of stock as its price drops...."on sale" as it were. I've never understood why. Could you or anyone explain? Thanks, Kay

To: mauser96 who wrote (16688)	1/28/2000 1:01:00 PM
From: Uncle Frank	Read Replies (3) \| Respond to of 54805

>> I'm over weighted in QCOM, a situation that seems to be correcting itself rapidly <LOL> You're in good company, Luke. Since I've been holding a 10% cash position, I've been tempted to buy more Q myself. But I opted to lower the beta of my holdings, and bought more of the "Gorilla Index Fund", QQQ, instead. My new (real time) allocations are, qcom 51% ntap 13% gmst 12% qqq 11% csco 8% sebl 3% cash 2% Q has been oh so good to me, but Mr. Market reminds me I am a retired guy and must stay humble. Still Gorilla gaming, though <vbg>. uf