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Technology Stocks : Sycamore Networks Inc-(SCMR) -- Ignore unavailable to you. Want to Upgrade?

To: George Schulte who wrote (1593)10/24/2000 11:49:01 PM
From: Cyrus  Read Replies (1) | Respond to of 2249
 
Never average down,
if you want to believe and be a LTBH person then that is your prerogative to hold stocks through thick and thin, personally I would not stand in front of this train. I may buy some SCMR shares tomorrow for a quick trade but that is all it will be. The market is telling us something if we chose to listen.
JMHO!!!!
Best Regards



To: George Schulte who wrote (1593)10/25/2000 12:00:28 PM
From: mauser96  Read Replies (1) | Respond to of 2249
 
I'll second the view about not averaging down. Only one in a thousand people (if that many) can completely separate their feelings from their intellect. Among the bigger mistakes I've made through the years are averaging down and selling only part of a holding I'd lost trust in. A little introspection will show that subconsciously these are both mechanisms to avoid admitting you've made a mistake.


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