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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (10790)1/17/1998 6:51:00 PM
From: James Strauss  Read Replies (2) | Respond to of 79270
 
FIBR In Four Parts...

>>>was thinking of dealing with the "toppy" Short Term indicators by splitting my planned investment bundle for FIBR into 4 parts. I will buy one portion now just in case it takes off, and if it retreats, average down in steps down to @3.50 which is the bottom of the new channel. Any comments? Myron<<<
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Myron:

Not a bad plan... Why not do it in three stages... That still offers downside protection, and gets you in faster if FIBR doesn't look back...

Jim