Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 225.71

+0.1%

10:45 AM EST

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To: Rosemary who wrote (3717)	5/7/1998 10:08:00 AM
From: Dennis R. Duke	of 6317

I watched profits go to losses in October during the Asian crisis because I did not sell when I had the gains. I am a scared rabbit as a result. As to my Uncle Sam wanting his piece, I have a unique loss carryforward situation. So taxes won't be a issue unless I have some huge successes. And I do trade an IRA and an investment account. JBL is in the investment account. And yes, the strategies are different by account type. No 30 day wash rule to think about in the IRA. If it don't pay today, say good bye and buy it tomorrow if it presents an opportunity. In the investment account, if you take a loss, your out for 30 days. Even if the stock is a buy within that time period. Covered calls is a good strategy, and I thank you for reminding me. Alan Greenspan is speaking at 9 a.m. PDST. It will be on CNBC. I expect he will say something that hurts the markets and not the general economy. So I am being cauious. For the first time in four years I have a cash war chest waiting for bargian hunting. Still holding 1,400 shares long on JBL. Do not really play in options. Later, Dennis

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