Dynamix Corp (DYX was Dakota Resources, DAK) Message Board

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Gold/Mining/Energy : Dynamix Corp (DYX was Dakota Resources, DAK)

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To: Benjamin Ng who wrote (295)	7/18/1997 11:22:00 AM
From: Wats	of 587

Ben: Averaging down is a good way to play the stock market...especially when you REALLY believe in a company. However, the stock market MUST NOT be an emotional reaction....."I'm down now, but if I buy more at a lower price, I'll get my money back once it get's up to my original position (and then some!)." Who knows, your stategy may even work with DAK! (@8:00 Pacific it's trading @0.25 cents.) The old adage of "greed and fear" is truly what drives stock prices. It's frustrating some times, as the "buy on rumour and sell on fact" premise can make "good" news actually lower a stock price! I have a lot of patience - perhaps too much - and can take a lot of price reductions in stock prices without too much grief. Things do recover...how many times a year do stocks rise and fall...likely two or three times? Anyway, I'm rambling on, and I'm far from an expert! Time to play 18 holes of golf! I'll check back later on today to read 2 news releases from DAK and see the stock price @0.80 cents....ooppps...well, you never know.....(dreaming)...is that the greed part setting in! Gotta have fun! :-)

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