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<p>[QUOTE=&quot;medoraman, post: 1751017, member: 26302&quot;]You beat me to it Beef, but I would characterize it as the sunk cost realization, not fallacy. The money was already lost when the market went from $35 to $20, nothing else you do today can ever change that fact.</p><p>&nbsp;</p><p>Maybe Scfy is confusing this with dollar cost averaging of purchases? This is where if you buy at $35 and it goes down, you can lower your basis by buying more at $20 to lower your average. This only works for long term holding, and even then you LOST the $15 per ounce on the first purchases. THe point of dollar cost averaging is to force people to buy when its lower. Many people unfortunately if an investment goes down turn away from the market and ignore it. This is a bad approach.[/QUOTE]</p><p><br /></p>

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