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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (80684)	5/14/2000 12:25:00 PM
From: Spekulatius	Read Replies (1) of 132070

The double up strategy is really stupid because most of the time, you will be more than 50% invested. I personally buy sometimes more stock to lower my average price when I believe there is an opportunity, but I have strict rules how much of a percentage of my portfolio a stock can grow.This may be 5% of a microcap or 20% of a "safer" undervalued big cap. The strategy to take the loss and buy something similar is actually quite reasonable and of course works best if the stock has comparable peers (baby bells or drug stocks come to my mind).

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