AI
Friday, December 05, 2008 10:08:45 PM
ErnestD,
I'll be watching, and recording, 20/20 tonight.
As for DXO, I started buying in at 3.10. I'm waiting a bit longer, before taking my first shot at averaging down. With securities I want to buy, and are declining in price, and I (of course) don't know where the exact bottom will be, I take a strategy of averaging down in a pyramidal fashion. For instance, buying 1,000 shares at first, then 2,000, then 4,000, etc. I do think now is a good time to be buying DXO, at least, if a strategy like this one is employed. I'm sure DXO won't stay this low forever.
Daniel Gannon
Portland, Oregon, USA
