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

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To: JZGalt who wrote (7719)	6/16/1999 5:23:00 AM
From: Bernie Goldberg	Read Replies (2) of 18928

Hi, Had a good week AIMing. Got my first sell in AORI after numerous buys used up all the cash. Since I was patient and waited til the 15th (my transaction date) rather than selling 5% when it first became a sell, I'm getting 10% more on 3 times as many shares selling 15% of my holdings. Also sold 8.6% of APCC holdings. MRK just squeezed in there with a 4.7% buy. All in all a good week. Dave the way I understand stop losses they would get you out of a position as soon as the price dropped to the specified price. Wouldn't that be a direct contradiction of the AIM philosophy? I have made the same observation about Tom's trades, but he's been successful with and I guess that's the important thing. More importantly he stuck with the issue for three years and more than tripled his money. We should all be so lucky? Perhaps with stop losses he would have been forced out earlier. Bernie

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