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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: JZGalt who wrote (9575)12/15/1999 4:01:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18929
 
Hi Dave, my VTSS and JBL accounts both took a beating the other day. However, AIM's not quite ready to pour out any stored cash just yet. I need about another $10 discount for JBL and VTSS needs to drop to about $38 before we start nibbling again.

Agreed. December may be the best of the "silly seasons" for people to add to or build a position in a fundamentally sound, out-of-favor stock or industry.

The Great Market Pendulum continues to swing!

Best regards, Tom



To: JZGalt who wrote (9575)12/15/1999 11:49:00 PM
From: Jack Jagernauth  Read Replies (1) | Respond to of 18929
 
Hi Dave,

Do your own homework, but buying name brand companies that are beaten down via profit taking and stupidity is a great way to make money in late December thru mid January.

Sounds like good advice. I have a question; do you use the same rules regarding 'cheap' and 'expensive' for these name brand companies, or do you relax the rules a bit and trade them differently?

Thanks, Jack



To: JZGalt who wrote (9575)12/16/1999 12:28:00 AM
From: RFH  Read Replies (1) | Respond to of 18929
 
Thanks for the great message, Dave. Speaking of JBL, I had an AIM sell on Dec. 6 at $74, and my next buy is around $62 and change. I'm hoping for a little more intense "beating up" here, as JBL only made it down to around $64. I'm getting all set to pull the trigger again on this one!

Sincerely,
RFH