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


To: Spekulatius who wrote (17359)7/5/2003 1:36:19 PM
From: jeffbas  Respond to of 78958
 
My rule of thumb is that, as a value-oriented investor, when I buy a growth stock at a value price and I turn out to be right, it will often go up to double what I would think reasonable. I suggest folks back test their results and maybe consider adding some percentage to their sell prices and see haw they would have done better or worse over the last three years.