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

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To: OldAIMGuy who wrote (10176)2/1/2000 3:37:00 PM
From: LemonHead  Read Replies (2) of 18929
 
Hi Tom, I'm tracking right with you on TWE but some how I got 12% more instead or 8%. Think it's time to have a meeting with the PA's...

That was one accurate summary of the Money Show this am. Well said. Lot of that should be discussed further in time. But I think more discussion on our purchasing habits is priority one.

Let's not be buying $30 shirts for $29.95. Let's make sure we are buying a 20% minimum discount from previous sells. Let's make sure our Burn Rate isn't too high. Let's make sure we use our cash all the way to whatever the market bottom might be.

What if we haven't had any previous sells? How do we know if we're burning to much cash to soon? You pounded on my head all last week about buying those shirts at a discount. Yet Monday I got more of the same shirts that I got last week. Makes me wonder if I really have a grip on my buying methods.

I know many times we have discussed the idea of a downward Vealie or maybe applying some other method. It seams that there should be some foot print to follow or respond to when any market drop accelerates? Just thinking out loud and trying to convince myself that my PA's are doing a fair job.

Keith
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