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

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To: HighTech who wrote (8959)10/18/1999 5:26:00 PM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi HT, I'm currently using 8% SAFE (Resistance) for both buying and selling and a much higher Cash Reserve than your 90/10 split.

However, that account is not my money, but my fraternity alumni association's, so I have some fiduciary responsibility to be cautious. It looked like last year's set back in the fall was going to be large enough to justify funding the Cash Reserve as though UOPIX was an individual stock. I started that account with about 50% cash reserve and it's currently up about 40+% since starting last December. This more than pleases my alumni group - especially with the safety involved.

In that account I can't expect to see funds coming in when needed nor can I jeopardize the account with margin. It's going to take a market crushing to get the account to fully invested, but that's why the cash is there. Maybe the market will be nice and let us get 100% invested once in a while. :-)

Best regards, Tom
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