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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: rudyprins who wrote (33492)10/21/2000 8:04:37 PM
From: Uncle Frank  Read Replies (2) of 54805
 
>> Do you do this?

I will add to core positions if I believe they have dipped to the lower end of their current range, but I do it to increase my position, not as an attempt to double up and then sell on a rise.

Are you familiar with the tax restrictions on wash sales? That may come into play should you use the method you describe to reduce your cost basis.

uf
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