Quote:
Originally Posted by lutach
If I see one of my lagging position getting some steam, I just pick up more at the cheaper price and hope for the best  . It usually pays out good in the end. |
That's assuming you had any $ to buy. I had nothing to avg down w/. ;)
Did avg down on a couple things, mostly some realignments. I'm still way down on PNX from oct. Stupid me tried to daytrade it a bit at the top after I made a really nice gain in it, held it too long and rode it all the way back down. The margins in this game can really hurt you if you are on the wrong side of it. Sell for too much of a loss and its really hard to get the buying power back had you just held on to it thru the dip. eh, oh wells.
We'll see how it does, I like this mix of stocks better than the ones I had for the last couple mos. Might be a bit to realize, but hopefully plays out well.