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This is my totally amateurish/ quick and dirty way of knowing when Garmin is a good buy.  Garmin generally bounces around inside a range of PEs with a low around 22 and a high around 35.  The closer you are to the low end of that range the better.  When the PE is below 25 it's a fire sale.  Using this crude metric here is an equally crude representation of where we sit right now.

25 . . . . 30 . . V . . 35

Even though Garmin just got shaved for a whooping 20% in the last 2 days it's still not a screaming bargain.  Even so,  earnings are likely to continue up throughout the year and Garmin tends to finish the year strong.  This is a good price to get your feet wet and test the water.

Of course...  this is all just baloney, voodoo,  and is likely as accurate as reading entrails. 

-- Dennis
Longer Garmin than anything else.
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