Without insider info or hindsight, one can't tell the difference between averaging down or catching a falling knife.
What's happening now with NMS shares has happened to me in relation to AIO, BPT, CTX and TGR. I regretted averaging down when the sp kept falling after I've stopped buying. Thought it was a case of falling knives. But when the trend eventually reversed, skyrocketted and far exceeded my average cost of investment, my sentiments naturally changed.
Neither FA nor TA can provide that bit of essential information: what the future holds.
- Forums
- ASX - By Stock
- BLV
- knowing the industry before you invest
knowing the industry before you invest, page-21
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)