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

To: William who wrote (1279)	4/13/1999 10:12:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 54805

I have never understood this "pullback" approach. Q is 169. If it goes down to 162 tomorrow do you buy? What if it goes to 180 tomorrow and pulls back to 172 the next day, do you buy then? What if it goes to 200 by the end of the month, then "crashes" to 185. Do you wait and buy then? I had been waiting for the trial to be settled, and, when it was, I evaluated the situation, decided to commit 40% of my Portfolio, sold what I had to, to make that possible, and bought! Should I have tried to "average in" on the way up? I don't think so. I think of lot of this "accumulate" advise is "BS". It is a "Nervous Nellie" approach. If it is the right stock and the right time, BUY, dammit!