The unforgiveable is to average down....normally
In the case of MUN I did just that and will now reap the rewards of my own research and faith in this stock. Very sad for anyone who merely held and was at the mercy of the market. However as Harlee stated everyone has control of their own destiny.
I have done this now on 4 other stocks and 2 of the 4 are now rewarding me.
Sometimes rules are simply there to be broken, especially when stocks are slaughtered for no other reason than a general market failure.
Research pays dividends...literally ;)
As does Buffets simple view to...
"Be greedy when others are fearful and be fearful when others are greedy"
That's where we differ Harls, as you know I buy very early and wait. I don't like waiting for the moves and following momentum.
gold-$2000 oz by years end?, page-33
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