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Been saying this for years... no one listened.
Of course its too late to learn this lesson now.
- John
-----Original Message-----
From: Gentle Ox [mailto:enchant@xxxxxxxxxxxxxxxx]
Sent: Tuesday, December 26, 2000 7:21 PM
To: David Blann
Cc: Robert Cavaleri; Omega
Subject: Re: Trade Station Code for 'AIM' ?
Hi,
Dollar cost averaging is OK if averaging up but a quick way to go to
the poor house if Averaging down,,,,,, cut the loosers and average up the
winners
Stephen.........."Gentle" Ox....
> If you are referring to the book "How to Make A
> Million Dollars In The Stock Market" where Robert Lichello
>
> The results are very interesting when run against a stock that
> starts at a certain price then goes up then down and even
> below the starting price and you are still ahead over a lump
> investor.
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