Expert: Dr. Joseph de Beauchamp - 6/14/2006

Question
Dr. de Beauchamp:  I have sold a number of stocks and mutual funds in the last few days, either to stop losses or to protect profits.

I would like to buy-back some of them. What is your opinion:

      1.  Is there a percent increase that should trigger a buy-back?

      2.  If so, what is the increase ... and over what period of time?

      3.  Finally, should I divide the buy-back into segments attached to upward increases (like 50 shares at x% ... more at a higher increase ... and so on)?

Your opinion would be greatly appreciated,
Steve

Answer
I never technically traded, and do not recommend this on mutual funds. No proof shows that this works.

Buy a mutual fund on ---

1. philosophy of the fund
2. people
3. stock and bonds historically and in the future
3. expected performance

Make your decisions as to the quality of the investments in the fund, now and ongoing. Therefore, your questions are moot, and would not recommend you continue this line of trading behavior.

Dr. deBeauchamp