Replies to post #3107 on National Bank of Greece ADR (fka NBGGY)

[dabonenose]

IL Padrino,,,IMO, you will be cutting yourself short(selling at 5), however, we all have our goals/targets, etc.

I am a big believer in dollar cost averaging for the looong term, and when it hits my goals, sell portions to move to safer places(ie, fixed instruments).

My longer term target is the 6 area, and dependant on my indicators, I'll sell 25% of my holdings at that time.

By the time it gets to that level I figure I'll have quite a few shares.

I started small with 500 shares, however come February I'll be intesifying my $ cost averaging program and by 2015 should have quite a large portfolio of Greek investments, as well as the rest of the PIGS plus Brasil.

At least thats my goal.

The reason I say February is because I'll be 100% debt free by then.

Good luck my friend !