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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Nimbus who wrote (17180)	10/29/2001 9:05:49 PM
From: steve in socal	of 18928

nimbus, if you look in the AIM glossary, you'll find the term "strewie" which now represents the reminder to us that tinkering too much usually equates to disaster. i first thought about your approach at least 5 years ago and i tried it. but, since i have a full time job and live on the west coast it became impossible to baby-sit my orders and keep moving the bar to maximize each and every trade. i believe this past years "strewie" award winner, mr. goldberg, reminded someone earlier this year that it is not possible to always buy at the absolute bottom and sell at the absolute top. and, AIM was designed to be a trading tool that we don't have to baby sit. others have already posted the various problems with what you are proposing, so i won't go into it. but, market timing has always proved to be the least sucsessfull method of trading. my advice is on a rare occasion, do what you are suggesting. it'll satiate your appetite for the thrill of victory. but rely on the belt and suspenders of AIM 95%+ of the time. if not, believe me, you'll be a finalist for the 2001 "strewie" award. i should know! beentheredonethat.com

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