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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?


To: pcyhuang who wrote (656)11/2/2006 7:39:15 AM
From: Cogito Ergo Sum  Respond to of 4080
 
pc,
Thanks,
After our initial entry, we are ready to repeat the process (average down) if the portfolio as a whole declines by 5-10%.

Boy that breaks a lot of folks trading rules... but I know I do that at times.. well often actually LOL, but not has a hard rule though :o)

I prefer to let the dust settle some more here... the government handled this in a very reckless fashion so I think it can still be pretty wild for a bit. I see you do this for a living though so you can stay on top of it better than us amateurs :O) This sector has been very good to me... I was in before the crowd (before they were trendy) but exited too early... better than too late :O)

Good luck
Al