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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Jim B who wrote (19378)10/19/1999 7:59:00 PM
From: BarbaraT  Read Replies (1) of 108040
 
I bought SIFY over 42 and then wanted to average down at 30 3/4 -- but was locked out. So still sitting on the shares at 42 and managed to add only a little more at 35 to bring my average down to 40 3/4 ... but I buy at what I think is a good price (which usually is near the high of the day) and then average down. I don't set stops -- if I don't think an issue will do well, I just sell it. Did that with JDCA the other day .. bought it at 11 3/8 and sold it at 11 because I didn't like the way it performed. SIFY was written as being another CHINA type deal and was supposedly hot ... so I am staying with it.
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