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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (4248)12/19/1997 10:54:00 AM
From: HeyRainier  Read Replies (2) | Respond to of 42787
 
Myron, I do NOT recommend that you averge down in a possibly broken momentum play like RADAF. If you're going to do any averaging whatsoever, I would recommend that you average UP. A little trader's rule is to not send good money after bad. I've seen too many of the SHVAs, GEMs, ZITLs, ASNDs, PERIs....etc.etc... I suggest you take a look at those threads and read up on the stock during its period of first decline, and you'll read very much about other hopefuls like youself who have considered averaging down. And what of the others who had averaged down with Centennial Technologies, the Nasdaq's former top-stock for 1996? It turned out it was a fraud, and all the little averaged dollars became even smaller averaged pennies.

There are better issues out there in which to put in your hard earned money.

Regards,

Rainier