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Biotech / Medical : Biotech I-Shares (IBB)
IBB 170.56-1.3%4:00 PM EST

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To: matvest who wrote (8)2/12/2001 11:17:24 AM
From: Rich23241  Read Replies (1) of 75
 
Hi Larry M-I am really a novice at this AIM stuff. I read the book over 20 years ago and recently got reintersted. I've had the Newport Progam for three weeks and have all of my stock, mutual funds and deferred comp plan (457 Plan) now in AIM. I only wish I had done this 20 years ago. I've started the IBBs at 10% Buy/Sell Safe. Part of the reason was my discussion with Tom Veale about QQQs and he recommended using 10% for them. So it seemed like a good percent to use with the IBBs. I'm using 33% cash but I am flexible with that number. I would probably add more money if the IBBs used up all of the cash. I have three Biotech stocks: MEDI, MLNM and IMNX that I am AIMing also.

Rich
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