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

To: William who wrote (106)	2/19/1999 10:36:00 AM
From: Teflon	Read Replies (1) \| Respond to of 54805

William...re:Today If you have a long term horizon on your holdings, today presents an interesting opportunity. Consider the following: 1) Essentially a 20% correction in the tech sector (slightly higher in the internet sector) 2) Options expiration day 3) MSFT will start its rebound (and like it or not, where MSFT goes the tech sector usually follows) 4) Inflation is not as much as a risk as people think (Fed fears overdone) 5) The US$ is entering its sweet spot vs the yen (~120) And others. My belief is that this Market Correction has been orchestrated by the momentum players. They typically do this once or twice a year. I am not saying the market will recover dramatically in one week either. But today is a relatively "SAFE BET" on getting Gorilla stocks at "reasonable" prices. I have added to my MSFT position every year for the past five around this time and have NEVER been disappointed. Thanks, Teflon