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

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To: OldAIMGuy who wrote (7313)	4/22/1999 12:25:00 AM
From: RFH	of 18928

I hear what you're saying, Tom, and I have changed some previous AIM accounts from 5% to 10% Sell resistance after they have proven themselves to be winners in the long haul. As you said in your previous post, they all seem to become winners one way or another in due time. However, with this energy service fund, I'm not really convinced that the rally will last, and have decided to "nickel and dime" my way to profitability. My current sell is at 20.319 with a 5% SAFE, and changes to 21.437 when I change to a 10% SAFE. The fund is at 20.36 at the close today, and I don't plan on taking any action at this time because of my unwritten "twice in a week" rule. So in effect, I have unconsciously raised the bar here. I just sent off for a rather expensive commodity trading program and plan on doing some paper trading for a while before jumping in again (for the first time in a number of years). If it works out, I'm sure I will be getting all the action I need in the commodities market, and my AIM investments will probably all be raised to the 10% resistance levels. I'll let you know when and if it happens! Sincerely, RFH

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