SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Disciplined Investing, especially the NAIC way -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (454)3/8/2004 12:30:47 PM
From: - with a K  Respond to of 469
 
I remember our posts here about HD and LOW and think of it as a missed opportunity for me. I was too stubborn (or is it greed?!!!) and thought they would keep dropping. Anyway, congrats on your success with LOW.

Yet more examples of when I considered but didn't buy when "good" companies got sold off heavily:

ADP at $30
JNJ at 49
Costco at 29
GE at 24
DIS at 16

Granted, this exercise is less about the NAIC approach than it is wishful thinking about having the courage to jump in when the opportunity presents itself. I guess it comes down to having the conviction of taking a stand when the press and analysts are so negative, as I see it with ACS recently.



To: The Philosopher who wrote (454)4/7/2004 5:03:06 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 469
 
Hi Chris,

How's the ACS going? UTSI has been down over the past few weeks, and I currently find myself slightly under my buy-in point. Maybe I should have taken the "safer" ACS instead??? <ggg>

KJC