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

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To: rgammon who wrote (15095)3/2/2001 9:18:45 AM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi RG, Maybe I should have said "tiny LIFO losses!" :-)

To my way of thinking, the tax penalty to be paid currently for ST trading that's not acceptable to me as part of my business plan.

Yes, most traders think they're disciplined but in reality are just gamblers ruled by emotions.

I have noted that in my own AIM trading there's a graphing component here on SI that tends to mirror my activity. It is the Williams component. Most of the time my AIM Sells have occurred when the value is over "80" and the buys when it's below "20." It might be a useful tool for those who want a confirmatory signal.
siliconinvestor.com

Take a look and see what you think.

Best regards, Tom
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