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Re: P K G post# 17675

Sunday, 08/24/2008 1:50:35 PM

Sunday, August 24, 2008 1:50:35 PM

Post# of 19383
I agree with what you are saying about selling if it goes down and then being able to buy back later. I am not sure about the "averaging up" part of it (buy more if it goes up). Once I am up I like to just let it sit (Let Your Profits Run). Don't mess with it.

One thing I keep in mind is buying /selling at different Price Points. When buying, always hold something back in case it goes lower...

Anyway, I broke my rules with UWKI too, and lost part of my previous profits. I put way more in at the 1.30-1,50 level than I should have. Played it wrong.. oh well I am still ahead overall. Thinking back, it was a reasonable proposition, just did not work, that is all.