RE:More often than nottamaracktop wrote: Averaging down isn't a good idea.
Trying to catch a falling knife.
Throwing good money after bad.
Averaging up is often better, but timing is critical.
You don't average up when a stock makes new highs.
You average up after a stock makes new highs, pulls back, and then turns higher again.
- June 10th
That post is a month old
It seems to me it's applicable to right about now.