Yes, you are correct, late bloomer. I began to think about that more after I made that post. Zeev often averaged down on losers when he felt the FA justified it, but never on an underwater position he wasn't confident would turnaround. And, yes, he later offed them in reverse order. Of course, Zeev was a master trader, and could break the rules successfully. The rest of us mortals usually can't, LOL.
Newly