APMP (formerly APM) Message Board

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Strategies & Market Trends : APMP (formerly APM)

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To: marc chatman who wrote (10962)	4/30/1998 11:58:00 AM
From: Rudy	Read Replies (1) of 13456

>I'll have to average up now.< Marc, I use averaging up consistently. I think averaging down can get one in more trouble than he can imagine real quick. So I try not to take that path. Last summer I averaged APM up several times during its run up to 37. KEG has a very similar pattern. Watch for the dips to average up. Any pullback towards previous high/resistance constitutes a good opportunity to buy more. Also to protect gains utilize sell stops located at 1/8-1/4 lower than the previous low. And move the stops up with the stock. This will be a good winner. Good luck.

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