SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (25404)5/26/2000 3:57:00 PM
From: Mike Buckley  Respond to of 54805
 
The following is a brilliant excerpt of Frank's post in the curmudgeon folder:

"The companies we've focused on are in fine shape despite the fact that their stock prices have been trashed over the past 7 weeks. For newcomers to the GG, this represents an excellent opportunity to establish beginning positions. Most of us who have been playing the game for a longer period are fully invested, so this dip only presents an opportunity to regret that we weren't brilliant enough to time the event. However, we're mostly seasoned (as in old) investors, and experience has taught us that trading within the framework of a ltb&h orientation is counterproductive for any number of reasons.

The G&K ranks have been swelled over the past year with newcomers who have gained an intellectual appreciation for Gorilla gaming but have only had experience with the upsides of long term investing. It's understandable that some of these folks will now second guess the strategy and look to other methods, like TA, to stop the short term slide in their personal fortunes. When you have an adrenaline rush, it drives you to fight or flight; doing nothing is counterintuitive. It will be educational to compare their results using trading techniques to those returned from a strict Gorilla Game approach over the next 12 months."

--Mike Buckley