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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (2238)6/16/2003 12:10:28 AM
From: Ken W  Respond to of 23958
 
Crossy

"buy part of the position and load on the pullback"

Exactly Crossy. Since the first of the year I don't sell stocks at a loss anymore, but buy when we find a good one then place orders at 20% intervals lower. If they fill then I have built in gains on retraces toward the past high. I guess they used to call it dollar cost averaging, but I call it trading against a higher core position thus lowering the cost.

Presently, cost on CDIC is well under 2.00 per share since I began buying it in the 6's...<GGGGG> It is all upside now.

Ken