For example, consider 1-1+1/2+1-1-1/3+1-1+1/4+1-1-1/5... This diverges, because if it had a limit L, choose epsilon to be 1/3. Then at some point, the alternating 1,-1s are going to make the sequence be more than 1/3 away from L. But if we try to naively group them, as you propose above, we get...