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

To: Uncle Frank who wrote (39389)	2/16/2001 1:57:41 PM
From: ggamer	Respond to of 54805

For those who have not gone to a bank for the past year or two: I was at my local bank cashing a check for couple of thousand dollars. After seeing the money at hand, it really opened my eyes and gave me a shock. I thought about all the gambling that I had done with my hard earned money in the market in the past couple of years and how much money I have lost playing in the market. I am really amazed of how much money I let go and how little I knew about the worth of the gains I had made in a short time frame. The higher the price of QCOM went in 1999, the more risk I took with other stocks. None of those purchases got me any where. I am now aware of the situation and I am thinking of ways to reduce my risk in the market no matter how strong I feel about the stocks I hold. In the past couple of years, even though I made a lot of money on stocks I never really took the time to take some money out to improve my living condition or to help the needy (well I did but not as much as I was able to). I paid for my wedding using margin money. Why? Greed and thinking that QCOM was going to have another $156 point days all year long in the 21st century. The actual cash in my hand made me realize how untouched I am with my investment account thinking that its all numbers. In summary if you feel you are taking too much risk in this crazy market with your life savings, please feel the worth of some cash in the palm of your hand. One thing that I am really glad about is that I found this thread early enough to take money out of my investments in CMGI, ATHM, AOL, and other .coms and invest the money in QCOM in 1999. I am sure many of us on this board have taken money out of the .coms way before the crash and invested the money in the kings and gorillas. The kings and the gorillas are also down these days, but we all know they have a better chance of coming back out of this crash then most .com companies. Cheers, GGamer

To: Uncle Frank who wrote (39389)	2/16/2001 1:58:25 PM
From: Pirah Naman	Read Replies (3) \| Respond to of 54805

uf: You can't just waltz away after a remark like that. The protocol is that you must share both your methodology and your picks so we can nitpick them <gg>. I wasn't intending to waltz away. Lindyhop, maybe. The fundamentals of the methodology I covered in some previous posts: Message 13520970 Message 13522633 Message 13526190 Given the general low interest in valuation on this thread, it hasn't seemed appropriate to bloat the thread with more detail. If more thread members indicated that they understood the fundamentals in the above posts, and that they wanted more, I would certainly oblige by going into how to apply those fundamentals. This in turn could lead to specific companies of interest being valued. Give it up for the thread, Pirah. I'm more than willing to share anything, I am a bit apprehensive about giving "answers" though, if you know what I mean. While everybody is responsible for their own investments, I would still feel some remorse if somebody trusted my calcs rather than invested the time to understand the methods. I'd be more comfortable if more people would nitpick! Nitpick the methodology laid out in the previous posts, and I will give more on how to apply that methodology, and then that could be nitpicked. Or if you have a different idea, give me some guidance on what you think would genuinely be helpful. - Pirah