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Re: Drexion2004 post# 593

Wednesday, 11/04/2009 12:32:19 PM

Wednesday, November 04, 2009 12:32:19 PM

Post# of 915
That's a great philosophy until averaging down turns into catching a falling knife at which time you find your little pinkies severed. You must have great faith in not only the stock but the system and I find my faith in the system flagging at times. CCGY should do well over the long haul but those who bailed and said they would look at other plays weren't necessarily wrong.
The way things have been lately, flipping looks to be as good a strategy as any. Holding long may or may not pan out. Who knows.
De Shadow do that's who !

When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.
Confucius, The Confucian Analects