well here's an oldie but a goodie and one I don't always...

  1. ACB
    4,958 Posts.
    well here's an oldie but a goodie and one I don't always follow

    the trend is your friend, so average up rather than average down, if the stock is fundamentally good you can always catch it again when it turns...and trends often last much longer than you expect them to (in both directions)

    (of course there are exceptions to every rule and sometimes extraordinary exceptions provide a great opportunity: NXS was a brilliant average down)
 
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