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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: Michael D. Christian who wrote (12536)2/26/1997 2:19:00 PM
From: Ibexx   of 186894
 
Michael,

The strategy I have been using is: build your long position in increments.

If you sense the stock is priced in the "right" range, you can start out by purchasing 1/4 of your total, intended position and wait. Should the stock go down, you can buy more at a lower price.

If, however, the stock goes up after your initial purchase, you can congratulate yourself and do the same--buy more.

Ibexx

PS: trying to catch it at the lowest trough is merely an ego trip, IMO.
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