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


To: Thomas Mercer-Hursh who wrote (23144)4/20/2000 9:27:00 PM
From: chaz  Read Replies (3) | Respond to of 54805
 
Who wants to tackle this one?

If buying Gorillas on dips is sensible (and we have brains enough to know they're genuine dips), then what's not sensible about selling after runs, (if we have brains enough so see it topping out)?

What's the object here: Hold on no matter what even if it means a paper loss, or sell, even if it means a real gain?

Chaz



To: Thomas Mercer-Hursh who wrote (23144)4/21/2000 11:57:00 AM
From: freeus  Respond to of 54805
 
re buying established gorillas puts one in the position that timing is less likely to matter even over relatively short time periods
In my earlier days as a nervous investor I bought Cisco at 80 and in terror sold it in the 40's a few days later after a big collapse. So it can even happen to one of the Gorilla of Gorillas. Of course since then I've bought Cisco and now just kind of "glance" at it from day to day with no emotion whatever. It probably wont triple in a year anymore but it will be fine and may even double in a year. OTOH it too can correct badly when there are market collapses.
But I agree that it is a lot easier to bear a correction of Csco than of Gmst.
Freeus