Gary,Re :
"One more jab at that rhino skin!! You said (post 2959) that you bought
1/3 of your planned investment in VVUS at 26.5, then more (I assume
the next 1/3?) at 24.5, and I gather your last 1/3 will be at its
200DMA of 22.5? Catching a falling knife? Why not wait till it bottoms
( and it will someday, somewhere) and retraces to a breakout and then
buy? Will cost you a point or 2 off the bottom, but you've already
given up 2points, and as YOU said, no one knows where the bottom is.".
Good point, and one worthy of special reply from TA ( from Tuna that is,gg).
My plan is to spread my last one third in investing in Vivus, in three
parts: each third I will buy at a new low in this way I will minimize
missing the bottom,or, I will not stray from it too much.I am already in
with the first, so you can say that i am now 75% investd in Vivus.Got
one more quarter to go.
I don't want to catch it on the way up, because when it does I suspect
it will move fast.Today i tried to buy some more GE and it was 2.5 points
up from where I previously bought by the time I decided to get in.
With Vivus I WANT TO MAKE SURE I AM IN FOR WHEN THE FUN STARTS!!!!
TA |
