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Re: Coppatop post# 40127

Friday, 03/04/2011 10:56:31 AM

Friday, March 04, 2011 10:56:31 AM

Post# of 55136
averaging down is a silly concept. if you think there will be a move soon be it pr, pump, or just buying bounce here or anywhere buy with that in mind, not to bring an average down. look at them as two separate investments and you will do/feel much better. yes gains offset losses and vise versa but no one said they have to be in the same security.

note- i am in no way trying to discourage you from buying here or not. i do believe there will be a pr/pump/buying whatever that will spark a move here. just saying that if you feel that way as well go ahead and buy. but look at it as if you are buying a stock at .0003, not that you are bringing down an average to X.

there is a big difference in this thinking and it affects how you react to pps moves. the government does not care about your average, they tax you based on what you bought when. you should look at it the same.

buy things you think are going up to make money, period.

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion