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


To: LTK007 who wrote (1142)4/6/1999 6:36:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 54805
 
>>my whole strategy for buying the Gorrillas is to buy them at the bottom of what I believe will be huge correction...

Good luck, Eric, but I think your strategy may be flawed. Due to the inherent strength of Gorillas and Kings, they are the last to go down in any correction and the first to recover, so the chance to buy them at bargain prices is rare. October 1998 was the best opportunity to do so in recent times. A fellow SIer posted "the approach today is not to buy low and sell high, because you never know what low is; it's buy high and sell higher."

Frank