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When you think you are averaging down, you think it is the end of decline. When you average up, you think it is going higher. If timing is wrong, you are either buying in at the top or you are catching a falling knife. As to the definition of average up or down, it is a kindergarten home work problem, why making a case here in an adult world? It is immature when one says "I have predicated correctly"...(few would say how many times they predict incorrectly before they get one right!) In a battle field like investing, it is all about predicting the future and the ability to time an action. No one has been able to consistently foretell the future except for God, all proud proclamation are all based on the reconstruction of history. The next time around, when it comes to decision making, people still make similar, though not identical, mistakes. Welcome to the human world, William! |
