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Re: None

Saturday, 06/18/2005 3:41:11 PM

Saturday, June 18, 2005 3:41:11 PM

Post# of 173788
Any of you have trouble averaging up?

I actually have more trouble averaging up..
otherwise I would have make a lot more money on MDF... (and my other 5-10 bagger stocks)

most of the time I averaged down... and when it goes up above my original purchase price (or the price I am willing to pay) I stopped buying unless there's a significant change in fundamental.. the same way when averaging down.. I averaged down until there's a change in fundamental then I will stop buying (provided the fundamental worsen)

I know thatthe past is irrelevant, but the fact that I had buy a lot cheaper beforehand psychologically prevent me from being comfortable buying a lot more shares at higher price (of course if it's only 10-15% higher than it's not a big deal)

I think both argument can be made.. just like whether to be a buy and hold investor or be a short term holder...

btw.. selling is definitely an interesting topic.. I believe more than 50% of good investors still doesn't master the art of selling.. (while they are already good at buying). including myself

Stan

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