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

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To: Dataminer1 who wrote (6690)	1/26/1999 12:55:00 PM
From: OldAIMGuy	of 18928

Hi Bill, Bob Norman over at Newport Programs was quite reluctant to have anything in his program that "tinkered" with AIM's Portfolio Control (PC). He even went so far as to not have a "visible" way to adjust PC shown on any screens. However, in the "HELP" section of the program it tells how to get to the PC window and gives some different reasons why somebody might want to make a change. Bob recently noticed that the instructions on the "vealie" in his software doesn't have the name "vealie" (as Bernie G. hadn't coined that term yet!) and isn't properly defined, either. I guess that section was written back in the "experimental" stages. Either that or it was just a typo! Anyway, it says to add the entire value of the Sell Market Order to PC when in fact now we have figured it was too big a change to do that. "Modern" vealies add only 1/2 the Market Sell Order value to PC. So, your thoughts of caution about making the "vealie" automatic or easy are well founded and concur with Newport's. I feel that a vealie has to be a concious decision each and every time we do it. After all, Portfolio Control is the heart of the AIM method and shouldn't be adjusted without good reason. Best regards, Tom

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