lasvegascowboy,
Welcome to the board.
"Should have sold and bought back in but that is not my investment style".
Nor is it mine. So you don't stand alone.
"When I like a company I buy and hold"
Ditto...although I do tend to look for an intial entry at what "looks" to be a low. I never buy all my shares at once because no one really knows which direction a stock will go.I Buy in sets, average down along the way. The old "catch a falling knife" theory... but in a controlled manner geared around waiting for that intial buy point. It's that first buy that tends to set the course for me.
"Everytime I've tried to time a stock... I've shot myself in the foot."
LOL! Ditto again. Haven't we all at some point? Averaging down can have the same effect but for me it tends to work more often then not. Therefor, sometimes I feel I have missed the foot and just shot a toe.
Good luck! I hope it works out for you.
Jen
"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;
-- Charles Dickens