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


To: davidm who wrote (1095)4/5/1999 9:52:00 PM
From: Bahama  Read Replies (2) | Respond to of 54805
 
Congrats Davidm, now if I could just overcome my fear of buying into the face of hyper-runups, I'd join 'ya. There used to be a time--way, way back in stock market lore--pre-October 1998 I believe it was--when it seldom paid to buy into such a runup.

Stocks moving 3 or 4 points a day were considered big moves. 10 points a day--and for consecutive days--were unheard of! Something had to be seriously out of line with the expectation and valuation for such a thing to happen.

I just can't seem to shake my "is this much of a move in such a short time sustainable?" mindset. So I'll probably still be shaking my head as it doubles from here unfortunately for me :o(