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

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To: Bernie Goldberg who wrote (8734)10/5/1999 7:36:00 AM
From: Bernie Goldberg  Read Replies (3) of 18928
 
Hi everyone,
If you really want to have fun with PCA try Noble Drilling on a 2 1/2 yr chart.
I have a friend who now owns a liquor store. His wife and I were both members of a now defunct investment club back in 96. A family member had given them a fairly large qty. of shares of NE. She was frustrated because all it did was go up and down. I recommended Mr. L.'s book which was read and never used.
Any way, we were talking about it yesterday and Bill told me "it was a nice idea if one had the time to do it."
When I got home yesterday I turned on PCA. I don't know how many shares they own so I started with 750 shares and $15000 cash reserve. Since time was such an important factor, I assumed a monthly update of AIM which in this case performed about 50% better than weekly. Here are the results.
PCA PRofit $14,684
B & H Profit $1,500
I think I will show Bill today what 5 minutes of work a month can accomplish.
Bernie
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