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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mauser96 who wrote (16688)1/28/2000 12:48:00 PM
From: Boa Babe  Read Replies (3) of 54805
 
Averaging Down

Lucius, I heard long ago that it's not a good idea to "average down", meaning to buy shares of stock as its price drops...."on sale" as it were. I've never understood why. Could you or anyone explain?

Thanks, Kay
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