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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bob Rudd who wrote (16197)	1/19/2003 1:26:41 PM
From: jeffbas	Read Replies (1) \| Respond to of 78594

Bob, I guess my key point was that if this country is going to invest existing tax revenue in some permanent tax reduction should we encourage investment in utility stocks or growth-oriented stocks. I agree there is little chance that this retained earnings credit passes. One last comment on stop loss orders. I subscribe to the Buffett "wait for the right pitch" school of thought. I am an infrequent buyer of new ideas and when I do it is because I can see the potential for 5-10 times on my money, and I take good positions, in typically small companies. I plan a number of buys, am hardly concerned about initially buying at the very best price, and hope the stocks drop beyond most peoples' stop loss points so I can get a full position.