Buy on the way down and always save some in case she drops lower. I never average down. Keep the buys separate so you could sell separate if need be to recoup what you lost on top.

If I buy at 2.30 I'll leave it there. I'll buy in lower and leave that there. One of the buys will be bottom, so if it moves up and down at a lower range at least one could day trade or swing trade until the sp moves up. And it always does.

Having said that, even the best traders get caught high once in a while. The extra cash is to dig yourself out when it bottoms.

I don't like the sounds of a buy time myself. Does not ring well in my ears. Especially with a play such as this well positioned in the ROF.

Besides, I'm sure many are smiling at the sp today for that very reason. How far down do the stink bids go? Hope they wait a very long time. No offence.

Don