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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: RFH who wrote (7968)	7/16/1999 3:19:00 AM
From: JZGalt	of 18928

Robert, JBL might very well go to the moon, but the likelyhood of an excellent return is much higher if you could buy in the $29 area of undervalued vs. the fair value of $41-$42 IMO. I think with something like JBL which has a history of going up over the very long term with periodic plunges that you would be better off with a large sell safe coupled with a small buy safe if you can set the initial cash level correctly. The higher the sell safe (assuming you keep the 20% difference between buy and sell), the closer you are to buy and hold spiced up with buy on dips. With stocks that go up like rulers, this would be my preference. I see from your website that you started with a 50% cash reserve, so I don't see any real need to start selling immediately. I see JBL as hitting "overvalued" at the $60 range and fair value at $41.60, so that would correspond nicely to your 0% buy and 20% sell safes. Just my opinion. ---- Dave

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