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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (12)	2/20/2001 10:19:26 AM
From: bozwood	Read Replies (1) \| Respond to of 1063

I am not really a disciple of the Gorilla book or "TFM", but I keep an eye on them and have thought for sometime that a methodology for trading these stocks would be an idea worth checking into. I have never been comfortable buying and holding, so I am always looking at methods to reduce risk. I think simpler is better so how about something like: 1) Keep a list of Gorillas and buy those that move, for example, above their 20-day high. 2) Place an initial stop at 10%. 3) As soon as 10% profit is made, move stop to breakeven. 4) Trail a stop at 20% from the high as the stock moves up from the initial 10%. Thoughts?

To: Stoctrash who wrote (12)	2/20/2001 10:38:12 AM
From: im a survivor	Respond to of 1063

Fred....yea, I was in total shock when i heard about earnhardt.......was up in mountains, didnt hear about it til yesterday.....shocking.....on replay, it didnt even look that bad....the michael jordan of stick car racing....lots of greats before him and will be lots of greats after him, but he redifined the sport.....you either loved DE or hated DE, but if you hated him it was only because you were a fan of somebody else and DE was eating his lunch....regardless, he was respected by all and will be missed by many.......