No. of Recommendations: 1
Just to put in my $0.02 here...

I read the article and got out of it that it is easier to find great companies than to determine the value range of a company and buy when the price is below (or sell when it's above) that range. I also got that value matters, if you can get a steal (one way or the other) relative to the general trend.

I think those are very good points and that is my "style" too.

I don't think eBay was a great example, but I could be wrong because I don't follow it. But, Rex, when you bought eBay was it because it was a fantastic company (a "RuleMaker") or was it because you thought it could be a fantastic company (a "RuleBreaker") and got lucky?

The second situation appears, to me, to be significantly different than what you discussed in your article. I think it comes down to, "Would you buy this stock today?" For me, the upside seems limited and I, personally, wouldn't buy in now...unless it took a hit for something I thought was relatively minor.

So, if you bought it as a RuleMaker it was a good example, but if you bought it as a RuleBreaker, "Bad Rex!"

Simon
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