SDV 3.39% 61.0¢ scidev ltd

"Average down is always dangerous" ...Watch out for slogans;...

  1. 2,126 Posts.
    "Average down is always dangerous" ...

    Watch out for slogans; following them is always dangerous. And there's one to fit every situation - and its converse.

    If you believe in a stock, why not buy it on dips? And a dip is when it's down - so you are averaging down.

    That said, chasing a stock down is quite life-threatening. Watch the market, the volume, the charts ... and the fundamentals, form announcements and from (reasoned) rumours.
 
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