Disciplined Investing, especially the NAIC way Message Board

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Strategies & Market Trends : Disciplined Investing, especially the NAIC way

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To: - with a K who wrote (306)	3/1/2002 5:00:10 PM
From: The Philosopher	of 469

I just realized that I never responded to this post. Sorry! Certainly a stock that goes up has to break new highs. But I don't want to buy it then, because IMO if it's a large, established company, it will retreat from those highs from time to time, then return to them. That's when I want to buy it. I know the CANSLIM formula, but personally choose not to follow it. As for AZO, it got overpriced and I sold part of it. As they say, nobody ever went broke taking a profit!

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