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


To: Jurgis Bekepuris who wrote (40571)12/14/2010 1:48:10 AM
From: Shane M  Read Replies (1) | Respond to of 78564
 
"EBIX is becoming expensive,"

EBIX is a really nice story right now. It just depends on how long it grows. My main concern is my tendency to get top heavy. I love buying the dips on these long term growers, but I'm also trying to learn to sell the spikes a little bit along the way. I have a problem with that - I like to hoard 'em. I tell myself selling the spikes gives me cash to buy the dips.

(My primary bad experience as a buy-the-dip investor here is GRMN Garmin. I did a little better with HANS Hanson Natural and CTSH Cognizant Tech, and even very recently DECK Deckers Outdoors, but in the end there's the risk these type of growers end up a big part of my portfolio especially since I like to add to them over time. Sell the spikes I tell myself... They're easy to fall in love with.