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

To: paul_philp who wrote (51306)	5/9/2002 7:08:38 PM
From: Jacob Snyder	Respond to of 54805

re: Mr. Market has caught on a little bit. I know that chart, all too well. For two years, I've been offloading my highest-cost lots on everything I own, on rallies, and then buying the next dips, trying (with fairly good success) to keep my cost basis somewhere in the vicinity of the bottom. That works, as long as there are some rallies to sell into, and I take advantage of them, and the stock doesn't just go down and stay down. EMC has been my worst decision, in the last 2 years. If I sold all my EMC holding today, it would wipe out all my ST cap gains for 2002. I'm probably capitulating at the bottom.