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

To: Judith Williams who wrote (47173)	9/27/2001 9:47:52 AM
From: Judith Williams	Respond to of 54805

OT--Pat Mudge posted this collection of photographs from around the world on the JDSU thread. Encouraging. worldtrade.com Judith

To: Judith Williams who wrote (47173)	9/27/2001 10:32:46 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

GG versus capital preservation Despite that Gorilla Gaming is a long-term proposition, I think the tendency is for people on the thread to think short-term. If I'm right about that, I'm guessing that Gorilla Gaming isn't a good strategy. (I'm guessing because I know little about short-term strategies.) I'll put the recent growth of my personal finances into perspective, hoping it is reassuring for the people who'd like to believe there is merit to thinking in the long term. My wife and I lived off our assets for a year beginning in mid 2000. Though she went back to work taking a 65% pay cut, I didn't. We continue to take cash out of our assets to live on. Even so, our total portfolio is nearly 60% larger than it was at the beginning of 1999. It's 155% larger than it was about five years ago. For the people who want to concentrate on preserving capital, my suggestion is that they focus on why a given stock is rising. It's very, very rare on this thread that anyone ever questions that. The questions tend to arise about a stock's movement only when it is tanking. As an example, all the time I was asking why Gemstar's price was going up (and got little interest in the question), a huge contingent on the thread was labeling the company a Gorilla despite that no tornado had been achieved. I think that an informed opinion about why a stock is rising will lead to better exit strategies, if exit strategies are what you are looking for. --Mike Buckley

To: Judith Williams who wrote (47173)	9/27/2001 12:49:29 PM
From: chaz	Read Replies (1) \| Respond to of 54805

Judith-- This is my third tech breakdown...but the first in which I had significant money in the market, so all of a sudden I'm looking for ways to be better informed about the BIG picture and not sure I'll find them. Tech isn't immune to large economic forces. In earlier times, when tech was not such a large factor in the overall economy, it could fall into the dumps all by itself, but not anymore. I agree it is important to the nation's core strength, and I feel it is the future core to my own financial well being, but I don't have a clue as to when that will commence, except that it won't be this year. I'm not sure what you mean by a "terror tax" so perhaps you will explain it to us. IMO, we're going to charge ahead even while this "new war" continues in the dark recesses of the CIA, Delta Force, and so on. I think the economy is just going to factor it into the equation after a relatively brief while, say, six months. I'm more concerned about consumer confidence and what it will take to make it recover. Our short memories will help. I might add this. We are sometimes criticized for our focus on "what have you done for me lately." Corporate managements are going to do what it takes to produce profits, and then accelerating profits. Earnings are what makes stocks worth buying, so that short term, shareholder value, notion will work in our favor. We are not a patient nation. Perhaps the Japanese can endure a 10-year or longer recession, but we cannot. Chaz