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

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To: LemonHead who wrote (8119)8/10/1999 12:10:00 PM
From: OldAIMGuy  Read Replies (2) of 18928
 
<inter-office memo>
Hi Keith,

I own the same # of shares as you for the start of the TWE account. I set it up with 50% Cash Reserve and am using 10% as the Resistance (SAFE) levels on both sides. I'm using 50 shares as a minimum for trading or $500. Next buy is at $13-1/2; next sell at $18-3/8.

My starting point was $15-9/16, so it will be a bit out of sync with you for a short while.

If this is your first opportunity to AIM a brokerage, I hope you enjoy it as much as I have in the past. They're like mini-market barometers. They soar with euphoria and crash with fear. Custome made for AIM. We get the extra kicker of the very frustrated DOTCOM investors who bought the IPO at $24 who are now bleeding badly from all the recent jabs and hard rights.

Since I don't have enough history with TWE yet to have a meaningful graph, I'll see if the Hambrecht & Quist graphs are worth while and post them at the web site.

Brokerage stocks have been one of my most successful AIM sectors in the past. I try to stick with the ones with the heaviest "retail" business as they tend to be the most reactive/volatile.

Nice to have you along with me in this one!

Best regards,
Tom (in Shipping and Receiving)
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