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Technology Stocks : Jabil Circuit (JBL)
JBL 212.04-3.7%9:39 AM EST

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To: Asymmetric who wrote (6214)6/23/2003 3:22:25 PM
From: OldAIMGuy  Read Replies (1) of 6317
 
<OT, somewhat>
Hi Peter, I've been selling in every account I manage for over two months straight (including JBL shares recently). As of the 1st of June, I'd had 59 consecutive Sell Limit Orders fill uninterrupted by a single Buy order in the previous 60 days.

There's been lots more selling since the beginning of the month, but I've not counted them. These orders cover business sectors all over the map. Energy, Biotech, Technology, Consumer Cyclicals, Financial Services, Food and Healthcare.

It's been a very profitable rally for me and the accounts I manage. Cash reserves have become healthy again after a year of nearly zero cash being on hand. Risk has risen in recent weeks as the swarm of Lemmings swept over the market buying everything in sight. I am glad I had some inventory to sell them, and am equally glad to have pocketed the profits.

Best regards, Tom
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