Yes, if you look at extreme cases (the year of the Great Depression, in your example) at times DCA might win. But it's a question of probabilities- see my previous post.What about in the years 2000, 2001 & 2002? I know In 2003 that I lost money by DCAing. I've sent in the forms to stop my DCAing in 2004, but I'm still not sure exacly what I'm going to do.Have to stop here. I keep falling asleep. We will have to continue this tomorrow.Gup
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