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To: Apex who wrote (267)6/27/1998 3:17:00 AM
From: Savant  Read Replies (1) | Respond to of 4201
 
Better clue Denise in. That was her quote. I was just funnin', but thanks for the nice explanation.



To: Apex who wrote (267)6/27/1998 3:23:00 AM
From: The Osprey  Read Replies (4) | Respond to of 4201
 
Apex,
Interesting you have talked to candy and she is averaging up the hemline. She wil probably do much better now with tips.

Averaging Up or Pyamiding as it is also known,is the opposite of averaging down.If a stock is on a run and you place an order and it dosen't get filled you may find yourself buying at a higher price. This is done usually done when a stock is approaching a new high.It is also done when a person takes a small position in a stock and it starts to run.Usually, this is the only time you will average up.You have done your due diligence and find that this company has upside potential.You place an order for "X" number of shares and the stock rises so fast it dosen't get filled so you try to fill your order at a higher price and in most cases this action helps to extend the run and push the stock to even higher heights enhancing your gains