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  • AvatarSue Poe
    Participant
    Post count: 6

    Hi Sean:
    Thanks for are you are doing to help us be successful. When you say that we should sit on our hands, do you mean that we should not buy at your averaging down prices that you gave us? Have have limit orders set, should I cancel those and see how far this market drops?

    Please clarify,
    Sue

    Sean HymanSean Hyman
    Moderator
    Post count: 2794

    You’re welcome.

    No. Pre-determined averaging down zones are always set and remain the same in any case. They don’t change. They’ve based off of long-term views.

    Sitting on your hands only referred to reinvesting in the overall market in index funds with 401k’s, etc.

    AvatarSue Poe
    Participant
    Post count: 6

    Thanks Sean. that is what I thought you were saying…sit on our hands in broader market but continue averaging down on your picks. Just wanted to hear you say it!

    Sean HymanSean Hyman
    Moderator
    Post count: 2794

    Yes. You’re welcome.

    Yep, averaging down levels will always be the same. We hope for pullbacks that trigger those orders.

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