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

To: gdichaz who wrote (26274)	6/13/2000 10:29:00 AM
From: DownSouth	Read Replies (2) \| Respond to of 54805

Cha2, nice post. Every once in a while we must be reminded of some pretty basic principals that Moore espouses and our experiences in gorilla investing are teaching us. I remain convinced that a person with a decent Gorilla Game is better prepared to survive market downturns with good returns on the upturns, minimal sleep deficit, and no significant reduction in their fiscal sanity during their investing years. I am also convinced that a decent Gorilla Game will result in returns significantly above S&P returns during the upturns. I will be raising some cash today for next quarter's living and wedding expenses. I will be converting Q longs into equivalent "shares" in Q LEAPS and add some SNDK longs, as well as the the taking the money to pay for cake. I have been exercising "Stock Substitution Therapy" since January. The leverage on LEAPS works both ways, so my Q LEAPS are painful (-65%); JDSU LEAPS are down (-23%) ; CSCO LEAPS are up (+25%). These LEAPS have 18 months til expiration, so about 9mo - 1 year before time premium rapidly erodes. I will hold these '02 LEAPS at least 6 more months before I consider selling. (Would love some suggestions and shared strategies to help me refine my end game.) My hope is that the Gorilla characteristics that make LTBH the basic game plan for Gorilla investing in Longs apply to LEAPS. If so then LEAPS may be described as the Gorilla Game with a different "end game" (selling the LEAPS). Pardon my bloat. Would love to hear some opinions from folks with more experience than I in LEAPS strategies, particularly in the context of a Gorilla LTBH portfolio.