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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Steve Hallam who wrote (4401)3/31/1998 8:24:00 PM
From: Investor2  Read Replies (2) | Respond to of 42834
 
Re: "In a down market DCA allows an ever lower price per share. DCA is clear winner in both markets."

Dollar cost averaging does not work if the long term direction of a stock (or market) is down. The only way the dollar cost average mathematics work out is if the stock price is the same or higher at the time of liquidation.

Best wishes,

I2