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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: budweeder who wrote (13850)12/7/2000 9:13:49 PM
From: Bernie Goldberg  Read Replies (1) of 18928
 
Hi,
As in most questions I see here, the answer is in Mr. L's book. the answer may not help someone who has already committed all of his funds to one stock, but here goes.
Let's say some invested $25,000 in Microsoft with a $25,000 Cash Reserve. For some strange reason you are incorrect in your assessment of Microsoft and instead of shooting to the moon the stock starts dropping. One of Mr. L's recommendation is that when you get a buy signal, instead of buying more Microsoft you purchase some other stock. You then have a mini-mutual fund. More importantly you have diversified.
Hope this helps.
Bernie
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