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Re: Bruce the Stock Guy post# 14384

Tuesday, 05/18/2010 2:10:04 PM

Tuesday, May 18, 2010 2:10:04 PM

Post# of 31822
OK fine as you know I detest averaging down. They say a wise man learns from his mistakes and wisest man learns from the mistakes of others. I guess if we see a new lower bid and we see no sellers then we can assume the selling has finished for now. I prefer to see volume mount as the PPS reaches a level where the sellers are selling and the buyers buying until we get to a point where the buyers win out and the PPS rises once again.