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re: up >300% today- cerhob Well here in la-la universe my...

  1. 1,257 Posts.
    re: up >300% today- cerhob Well here in la-la universe my averaging down into QBE at $5.17 worked a treat. The price here is $42.09 a share now. How is is going on planet Earth?

    There is no crime in averaging down. There is no shame in averaging down. Averaging down is a good thing when the stock goes up afterwards.

    I only do it when the candlestick chart clearly tells me that a recovery is about to occur the next day.

    cheers,
    Auntie_Idiotte
 
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