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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (65086)	12/23/2000 11:06:19 AM
From: DaYooper	Respond to of 99985

Your not confused, JRI, GG is exactly a "higher return, lower risk form of investing". Do you agree that it was not wise to hold GGs the past 3-6 months vs. going to cash (and maybe buying them at lower levels, or when this bear is finally over?). I sure wish I would have sold my gorillas as well as all my other stocks on my birthday, March 16. :-) But I had no way of knowing that was a market top. I just started reading this tread. Did you guys know? Two gorillas I've owned since 1994 are Oracle and Cisco. There have been many times I'd wished I sold at a high and bought back at the low but that's like watching the lottery balls pop up and wish I'd picked those numbers. LOL Should also mention that long-term to a GG investor means many years, not several days, weeks, or months as might be a common mindset today. It's also convenient to be invested hassle free and without annual tax implications. Hope this helps. But I'm really curious, were you guys able to ride the Naz up to 5000 and then sell out at the top? Best, Rory