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

To: debby who wrote (36929)	12/22/2000 1:44:19 PM
From: DaYooper	Respond to of 54805

My problem is having to listen to my husband nag that I should have sold when our acct was at its all time high. Suggest to your husband he should have made a large bet before last football season on the Rams winning the super bowl. He could have gotten about 25 to 1 odds because that's almost as difficult as predicting a temporary top in the stock market. Explain to him that all you know for sure is that the stock prices of great companies will rise over extended periods of time. jmho, rory p.s. i think the rams won it last year if memory serves - been a rough year.

To: debby who wrote (36929)	12/22/2000 2:17:47 PM
From: Mike Buckley	Respond to of 54805

debby, Just one question, do you think cmgi and covd will ever reach their all time highs. I don't follow either company. Sorry. --Mike Buckley

To: debby who wrote (36929)	12/22/2000 2:34:22 PM
From: ratan lal	Respond to of 54805

Just one question, do you think cmgi and covd will ever reach their all time highs All we can say is they can ! But this time it will be even harder for them since investors have lost faith. And, believe me, its a lot harder to regain faith than it is to get it in the first place. Most people are willing to have faith till proven otherwise. So now they will need BOTH Revenues and Profits to get there.

To: debby who wrote (36929)	12/22/2000 2:54:04 PM
From: LindyBill	Respond to of 54805

I should have sold when our acct was at its all time high. Now you know what a broker feels like, when he goes over an investor's portfolio, on which he has made the guy money, and all the broker hears is, "why did you buy XYZ that went down 20%?" One of the hardest things I have to do is to try not to dwell on the mistakes I made this year. Remember the line: *If you look back in this world, you will die of remorse!*

To: debby who wrote (36929)	12/22/2000 11:34:14 PM
From: John Stichnoth	Read Replies (1) \| Respond to of 54805

debby, You've obviously hit a nerve here on the thread, judging by the number of responses you've received (and nerves are a bit raw, I suppose). Please allow me to add a comment. Judging by your comments and your profile, you are really nearer the beginning of your investing than the end. You will be investing more money going forward than you have to date, and you have no economic reason to sell, other than fear that the stock prices may decline. Warren Buffett's comment would be that you should hope for low prices, because that way you can afford more shares in the good companies you want to own. Did you buy cmgi and covd as momentum plays, or because you thought they were great companies? Playing the stocks as momentum plays is a technical analysis game, which we don't spend much time at around here. Playing those two stocks as "great companies" means you believe in them and their managements, and really get to understand them. When you reach that point, you can fairly evaluate where they might be headed in the future. I note Mike Buckley's response that he doesn't follow either company. I believe that is so, at least partly, because they don't satisfy the criteria set out in The Gorilla Game, aka TFM (The Field Manual) around here. They are neither kings nor gorillas, as defined in the book. I take seriously the framework that is set forth in "TFM". It helps me get my arms around the companies I'm looking at. May I suggest that you try to answer your own question, in Gorilla Game fashion? How do you think cmgi and covd stack up in their sectors, compared to--say--SEBL, YHOO, RMBS, and NT? And how do each company's sectors compare in terms of future prospects? You'd have to compare their present market caps, of course, and then decide on how good their prospects are going forward. (One thing TFM does help us with is to avoid the stocks that will fall under $2 in the first place. A "true" Gorilla Gamer would never have invested in COVD in the first place--it never achieved status as King). Hope this is helpful. We New Jerseyans have to stick together.

To: debby who wrote (36929)	12/23/2000 2:15:39 AM
From: T-Lo Greens	Read Replies (1) \| Respond to of 54805

debby don't feel too badly - i lost all my money AND had to pay 2 of my brokerages additional margin amounts back in April/May. never recovered financially nor psychologically from that, especially when the family depends fully on me. just be glad you still have a positive net worth...

To: debby who wrote (36929)	12/23/2000 11:27:44 AM
From: erickerickson	Read Replies (1) \| Respond to of 54805

debby: If your husband nags you, tell him to go soak his head until he can predict where the "high" is as it happens. Or the low, for that matter. Trust me on this; It's a lot more difficult than looking back and saying "I should have.....".<G>. More constructively, see if you can get him interested enough to follow a "play money" account. That is, let him set up his own account on SI, with, say, $10,000 in "play money". Here's the rules... 1> he has to deduct commissions. 2> he must "be honest". That is, no "retroactive trades". I suspect that he'll quickly become much more humble.... Sure happened that way for me, although I didn't have anybody nagging me, which made it easier. If you can't get him interested in maintaining his own portfolio, just save up all the nags he makes and, when appropriate, return them. With interest. All the time saying "paybacks are murder". I suggest that, when your portfolio is doing really well, you be sure and brag at family get-togethers. Along with snide comments about your hubby's lack of grace while you were "learning the ropes". If you follow this paragraph's advice, I also suggest that your portfolio be kept in a separate account in YOUR name only, so when the divorce happens, you can try to keep it <G>...... Best Erick