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To: Ditchdigger who wrote (89659)4/4/2001 12:19:31 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
DD. Nothing wrong with concept of averaging in.

But, in Bear vs Bull Markets the rules are different for picking your time window with some assurance that you're boarding Mr Market's elevator on the 1st floor(g). You may be correct that this is it.

But in a Bear Market, I prefer to see a little confirmation of any bottom than in a Bull Market. DCBs and the wipsaws that follow in their wake make knife catching a less viable tactic with the Bear vs what we could get away with the Bull. Many of our plastic friends have been learning that lesson the hard way the past few months.

You may be right that this is a good time to average into the fuel cell kids. But my policy in Bear Markets is:

It's smarter and more fun to average up than average down.

So...you can depend on San Diego Chicken Iso to do his best to miss the bottom(g).

BTW, correct me if I'm wrong. Didn't you post you had long positions in several other fuel cell stocks: HPOW and PLUG??

Regards,

Isopatch