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

To: Mike Buckley who wrote (25813)	6/4/2000 3:11:00 PM
From: shamsaee	Read Replies (2) \| Respond to of 54805

Mike your view that we will not see a prolonged down market by no means is a guarantee as history has proven that they tend to happen when no one expects it and usually after long Secular Bull Markets.Bear markets generally happen when you have a collapse of the financial institutions followed by collapse of the Real State sector and if one was to look at today, the magnitude of debth is very alarming in a rising interest rate environment.I personally have never experienced a bear market either and hope I don't see one. You are now fully retired and I would be interested to know what arrangements you have made and when you started doing so.My point is very simple that one needs to always prepare for that rainy day and throwing caution to the wind and putting every penny into a high volatile sector of stocks is not sound.It is good when every one is working and wages are going up and so is the stock market But things always run in cycles.Some might view above statement as if I am questioning the GG approach but this has nothing to do with the approach.In truth It is much easier to stay the course of the GG if you have a more balanced portfolio.Instead of trying to time the sell decision one might just take a percentage of profits and invest it in something else(Real State,cd's,ETC.ETC.). I am curious to know what affect the recent interest rate hikes will have on the earnings of many techs.History says they slow down growth and hence earnings.If that does hold true and techs start pre announcing earnings short falls then the market will re-evaluate those PE's with severe consequences.