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

To: Uncle Frank who wrote (34583)	11/12/2000 10:57:06 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 54805

I'd describe you as a fundamental analysis oriented momentum player I'd agree that's the way it's worked out. But I'd rather be buy and hold. I'm not mathematical enough to be a good daytrader, and there are distinct tax advantages to holding over a year (so I've heard <g>). Having said that, if a stock quintuples in the space of a few months or a year, there is nothing to stop it from falling 60% from its 52-week high. I see no reason to let outsized gains slip away, and I would never want a profitable trade to turn into a loss. In addition to outright selling of equity, I have found covered calls to be helpful in reducing basis. But if a stock really plummets, covered calls will not save you so it is important to be able to pull the plug sometimes. But you're not a Gorilla gamer, so Bruce's question wasn't aimed at you Well, the bulk of my post #34579 was not about QCOM but about CSCO. I notice nobody has addressed those issues, and I believe an investor is at serious risk if they only consider past revenue trends without looking at other data points. I brought up some issues to consider; why does nobody who claims to be a CSCO bull look at them? Caveat emptor.