Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (42419)	12/4/2003 12:24:24 AM
From: TobagoJack	Read Replies (1) of 74559

Pezz, <<Tripled my position in BLFY average @ 4.11 new average price 4.36...Dunno how wise this one wuz but I done it>> ... By nature, I do not like to average down; I prefer to run from a declining prospect, because there are other options in the equity sea. OTOH, your aggregate track record is good, and you only need to win 30% of the time. Chugs, Jay

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