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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: fidopoo who wrote (6456)	9/26/2000 7:31:42 AM
From: Louis V. Lambrecht	Respond to of 100058

Hi! Steve - the Gorilla: Can't make my opinion on this service. "The reason the Gorilla doesn't always buy on the initial day a stock hits the radar, is because he rather wait to see if it was a "false" reading. " This would be true for any screening list. To their credit, they come with some new stock ideas, and this can be a good starting point for one's own DD. For my part, I screen stocks up to a radar list of 200-300. Any mention thereafter in tip or newsletter, brings the mentionned share in a shorted candidtes list. And I do my DD whenever I have time. When, after this, a DDed stock comes in the news or gives a strong TA buy signal, I can trade on the spot (as all DD already is done). Commentaries of the Gorilla on the markets: well, I would say that they have rosey glasses and I do not understand their agenda. For me, current market analyse looks like playing mikado: one stick is the trend, which one? ROFL.

To: fidopoo who wrote (6456)	9/26/2000 2:15:01 PM
From: FLACK	Read Replies (1) \| Respond to of 100058

fidopoo re: Gorilla "The reason the Gorilla doesn't always buy on the initial day a stock hits the radar, is because he rather wait to see if it was a "false" reading. The stocks that move up, usually do it rapidly and significantly. So, by waiting a few days, you may actually increase your return by even a few more percentage points!" Is it time yet? On his list is MERQ. Five days ago it broke to a 52 week high. But, while the Gorilla was waiting, afraid of a "false" signal, it has climbed about 19 points. Hmmm, maybe it wasn't a "false" signal after all. But, better wait until it goes up another 19 just to be sure you can make "a few more percentage points!"