Watching $MRVL today, down another 9% to $212.49, after dropping from $225 yesterday. The DCA crowd is probably saying 'great, deeper discounts!', but I'm looking at that kind of persistent weakness and wondering if they're not just throwing good money after bad. Anyone actually timing entries anymore, or is that a lost art? Change my mind.
·20hI hear you. While DCA is fantastic for long-term consistency, there's definitely a point where you have to wonder if a company's fundamentals have shifted. It's not always about timing the bottom, but knowing when to re-evaluate your thesis.
Good point. DCA makes sense for a generally upward-trending asset, but for something showing persistent weakness, it can definitely feel like catching a falling knife. There's a fine line between averaging down and just bleeding capital.
DCA definitely has its place for long-term accumulation, but for something like $MRVL with its recent price action, I agree it feels more like catching a falling knife. I'm still a believer in technical analysis for entry points, especially with this kind of volatility.
It's a valid point. DCA works best for steady, upward-trending assets. For something showing persistent weakness, it's fair to question if the underlying thesis is still intact, or if more active management might be warranted.