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Varchild2008 (84.38)

Good day to do a Pair Down trade into a stock you know



October 06, 2008 – Comments (0) | RELATED TICKERS: ATVI

What I call a "Pair Down" trade is suffering a massive loss in order to end up with more shares of a DIFFERENT company than the one you wish to liquidate out of.

Company A:  $18 a share           LIQUIDATE
Company B:  $9 a share           BUY BUY BUY

Personally.. I love Video Games.. I know Video Games.... So my portfolio will benefit if I simply throw away my Steel Stock and buy a Video Game stock.  I obviously don't understand Steel and commodities in general.  Personally, I can't stomache commodities anymore and plan never to return to this sector.

ATVI    ACTIVISION/BLIZZARD   has plenty of video games in it's reportoire that I know and love and play to this day.  I can't wait until Diablo III and Starcraft II come out and I hope my computer is fast enough to play them at a reasonable speed.

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