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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Demosthenes who wrote (4585)	4/18/1999 11:21:00 PM
From: Lars	Read Replies (2) \| Respond to of 15132

D, >>> I would like to have some ideas as to developing a selling strategy. I am lost here although it is of huge importance. I suspect that the decisions may not need to be made for a couple years, but it still needs to be made and we should begin discussing now. >>> This is the ultimate question. I think a person will have a tremendously difficult time deciding when. You may hit all time highs and then have a 30% correction and then return to new all time highs. I think there are some doubles and triples to be had out there. I am targeting accordingly and at least taking out my initial investment, most likely 50% of the market value. Who knows? As I have said before, if this sector gets hot and the overall market is hot.....watch out. Mr. Market could give us egregious P/Es and not blink. He becomes so excited with certain areas of the market. This is all my opinion and is worth about a nickel. BTW, watch out what Justa says...he is the one who wanted to close our internet mutual fund with the 7% back end load. I could own an island if we would have kept it open. Instead I am stuck with $4 million and forced to hawk Mary Kay products. HA!!!!