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To: rsie who wrote (5718)7/3/1998 8:26:00 AM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Richard S: RE:< tell me what "share cost averaging out means >

With SHARE cost averaging out, say you own 1200 shares at $10ea and you feel the end of the Bull Market will occur sometime within the next 12 months: To Maximize DOLLARS from sale of your 1200 share, you'd sell 100 shares per month, possibly more when the market went to extreme over valuation ("Gift Horse SELL OPPORTUNITIES")
Hopefully you'd be out of the market before they cut the elevator cable - no guarantees, of course :-)

P



To: rsie who wrote (5718)7/3/1998 9:03:00 PM
From: Investor2  Respond to of 42834
 
The answer to your question may be found at:

Message 5092359

Please note that I am not recommending this approach. It is better than "dollar cost averaging" your way out, though.

Best wishes,

I2