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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: AJ Berger who wrote (14940)3/8/2001 8:09:34 PM
From: RockyBalboa  Read Replies (3) | Respond to of 18998
 


One of the worst things they teach you in these daytrading schools is
averaging down. Usually it should be 5%-10% and out, as opposed to
5%-10% and then buy more. Prior to that, you heard buy on dips, and that
worked for years, but it stopped working in the middle of last year. So, the
rallies were being used to sell.



Message 15471631