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

To: Riskmgmt who wrote (22921)	4/17/2000 10:18:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 54805

Hi Ray, good to hear from you Least others on this thread, get overly depressed about your last post and think you are a doom and gloomer I want to reassure them that in my experience of reading many of your posts that is not the case I appreciate that you took the time to assure others on this thread that I am not a "sky is falling" advocate. I did not think that my post indicated gloom and doom as much as the emotional pressures that an investor can experience during a decline and the need to stay with the program -- because most investors exit at the lows. I posted to Rich yesterday evening some historical information on NAZ recoveries in the past. Yes, it is a question of stock selection -- and not panicking. Also, I remember you having a bet with OJ I believe it was that the "nets" were a fad and that many would be out of business in a couple of years. (I may not remember the details) but even with todays sell off many of the "nets" are way up from where they were then. My past catching up with me! The wager (one made in the spirit of fun) was never about the nets being a fad -- it was about prices on certain internets which had run up a lot being lower 12 months later. But you are right that I lost the wager and that those internet stocks were a lot higher a year later. This was about the time Judy was recommending AMAT and the semi's. Amat was about $10 spit adjusted Not sure what the relevance of this comment is but Judy can confirm -- since I told her about it at the time I went long -- that I bought AMAT at around $13+, ORCL at $11 and a few others when they were close to rock bottom -- and I still am long these stocks. CSCO -- one that Judy specifically urged me to buy several years ago at a fraction of the price it is today, I still own. This go around, if prices drop sufficiently and when things look their worst, I assure you that I shall be buying some of the quality stocks that this thread has identified. In fact, to show you how I feel about this decline, I shall be adding funds today to two trust accounts with a view to buying some of these stocks in the very near future. My regards