SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Duchardt who wrote (5149)11/3/1999 7:38:00 AM
From: Herc  Read Replies (3) of 18137
 
RE: Averaging Down

You're right as to style. I'm simply not comfortable buying a stock that I wouldn't mind seeing drop. Nor do I have enough capital in my private acct. right now to risk it with the high flyers.

But if one is patient and waits for the support levels and buys just a small fraction at the higher support and a little more at the next lower support, the odds are favorable.

To each his own. I'm kind of eccentric by nature. But I'm coming around to playing with the herd, but uncomfortably. The herd can turn precipitously, like HIFN, or whatever the chip company is named.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext