Bob, Assuming that the fundamentals haven't changed, and that I have room in my portfolio, I add more shares. Alas, I am fully loaded in Genzl, so I just sit and watch it and kick my dog. I added my last third of Ligand today, so it can stop going down at any time. -g- Seriously, I do not allow the market to change my opinion. If there is no logic in what the market is doing, then I simply do what I think makes sense. That means I don't have stop losses and I often end up in crusades when I prefer a blitzkrieg. But, over time, I have made my biggest scores by fighting the tape and fighting the Fed. Of course, you have to have an ego the size of Siberia to invest this way. -g-
MB |