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

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To: Jack Jagernauth who wrote (10479)	3/18/2000 7:14:00 AM
From: Bernie Goldberg	Read Replies (1) of 18928

Hi, I try not to worry about the number of trades. I've gone a whole year with no trades in a stock like Merck. I do nothing but collect dividends. Then all of a sudden we have a downturn and I have 186 more shares in two purchases and my dividends have increased by 25%. It doesn't hurt that price has gone up about $4 since my last purchase either. Then with 3Com I've made about 9 purchases in a year. Seventeen days ago I sold 69 shares at $115 only to have to buy back 55 shares 3 days ago at $56. There really isn't very much too worry about as AIM makes sure that every trade is profitable once it has been running awhile. Many people don't like the idea that I stick to a regular schedule of trading every two weeks. That isn't totally correct. My main goal is not to always trade at the minimums established by AIM. For instance today I will update my Newport files. After examining the buy and sell points I will determine what sales would make me happy. I like numbers with 4 digits before the decimal. For example if 3Com hits $75.85 I'm supposed to sell 10 shares ($758.75). If 3Com hits 77 I'm supposed to sell 13 shares ($1001). I like that better so I will place the limit order with my broker. It's up $13 in the three days since I bought 55 shares and it is very possibly going to up another $8 between now and April 1st. It may not sound like much but by waiting just little longer I will sell 3 extra shares($243) over the minimum. Along with "Aim High and Keep Some Powder Dry" I have another slogan, Minimum is not Optimum. Bernie P.S. By the way there was an error in my analysis if Bob's WEN stock. Total value should read Portfolio Value $7620 The PCA simulation should have a Portfolio Value of $9851

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