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pitbul13

09/30/11 1:52 PM

#187 RE: eom7 #186

Averaging down is one of the worst things to do if you want to manage your risk..

DDhawk

09/30/11 6:53 PM

#193 RE: eom7 #186

I probably would have gone for some .025's
if I had any powder available...my other trade-worthy stocks were
down today , making it 'not' worth the trade-off. Beyond that; I
can't really argue with Pitbul's point either. Just like picking
a 'winner' in Pennyland , it's been my experience that avg-down
stands about a 5% chance of being a winning proposition...the rest
are akin to catching a falling knife...going to get hurt even if
I caught it. Just have to be happy with what I've got I guess.


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