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To: steve goldman who wrote (6746)3/20/1999 4:28:00 PM
From: BradC  Respond to of 12617
 
<Lessons from the Trenches> Right on the money Steve, Averaging down as a trade is a very dangerous game.

Averaging down as an investment may be plausible but it better be something of very high quality and something you are willing to own for a very long time.