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Gold/Mining/Energy : EMR Microwave Technology (EMW.A) -- Ignore unavailable to you. Want to Upgrade?

To: timroy who wrote (264)	5/14/1999 5:26:00 AM
From: Buckey	Respond to of 397

tim - a comment on averaging down. I have lost a lot of money averaging down for the sake of aaverging down. I lurk this thread but play mostly volatile stocks. here is how I do it. IF I have as stock in a loss position I either stop out at a certain point and try and buy it back later. Howwever, a new buy should not be for the sake of buying. It is better to buy on strentgh or technical signals indicating a buy rather to try and "catch a falling knife". Each buy should be an indepoendent decision exclusive of your current position in the stock. having said all of that, If you absolutely feel this is bottom and I know I have been wrong so many times on picking bottom, the I guess buying is not a bad idea. Good luck and I wanted to pass along my very expensive and painful lessons on averaging down