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

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To: RFH who wrote (10125)	1/25/2000 7:52:00 AM
From: OldAIMGuy	Read Replies (1) of 18929

Hi Rob, I wish I knew more about the financials of GUMM to advise you. At 35% Cash Reserve, you have a healthy quantity, but not up to the IW's levels suggested at this time. One point I might make is to keep your first Buy GTC order below the 26 week Moving Average (shown on the Newport graph) rather than what is calculated. When stocks break out like GUMM has, AIM's buy price sometimes ends up on the wrong side of the M.A. This isn't bad, but I like to see a stock's price fall below that level before I start to "burn" my cash reserve. I see you have a full 10% Buy SAFE. That's good. Best regards, Tom

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