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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (62322)	12/21/2000 10:18:29 AM
From: AugustWest	Respond to of 63513

repeat after me You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife You can't catch a falling knife Of course at this point, it's begining to look like a LTBH for me. LOL, I caught myself in my own snare! Someone pass the whiskey around!

To: AugustWest who wrote (62322)	12/21/2000 10:20:02 AM
From: mph	Read Replies (1) \| Respond to of 63513

nope. :-)

To: AugustWest who wrote (62322)	12/21/2000 10:38:43 AM
From: Lost1	Read Replies (2) \| Respond to of 63513

sorry AW but I already have enough CMRC..at 46..DOH!

To: AugustWest who wrote (62322)	12/21/2000 12:40:51 PM
From: Dealer	Read Replies (1) \| Respond to of 63513

August! Did you know it was downgraded yesterday..........I have a bunch also. Hanging in....CMRC lost a contract to a competitor. I posted this yesterday on another thread. CMRC--Geez! Commerce One Inc CMRC Thomas Weisel from Buy to Market Perform History Can you believe these wanna be's downgraded CMRC after it has fallen 75%...... They need to get a red phone to "Phychic Hot Line". dealie

To: AugustWest who wrote (62322)	12/21/2000 12:40:51 PM
From: Atin	Read Replies (1) \| Respond to of 63513

Never, never average down. That's a rule I've learnt from every market wizard I've ever read about. Pyramiding up is allowed, but never with more size that you started with. But never average down. Basically their thinking was that if you thought it was going to go up, but it went down -- you were wrong, get out. Rethink when your brain is working again (it nevers works when you're losing money) -- and buy if it looks like a good price and you think it is going to go up. But do not average down to save a bad position. At least, that is what I've read . . . <g> I've got some QQQ that I averaged down on that I wish I hadn't! DOH!