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

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To: OldAIMGuy who wrote (15115)	3/5/2001 6:15:35 PM
From: Steve Grabczyk	Read Replies (4) of 18929

Hi Tom: Interesting thought on 'Rules of Thumb'. I'm still (albeit somewhat unsuccessfully) working with a common cash reserve in my 'basket'. Maybe I'd have to use it in toto. I'm still convinced that over the long haul, trading frequency should be determined by the stock price vs. the settings and nothing more. Anything beyond that would be contrary to RL's original approach (even though he recommended an infrequent schedule). It seems to me that once we take the GTC approach, then other dynamics have to come into play. For example, if a price moved up 15% on Mon-Wed, and then moved down 13% back to it's original price on Thu-Fri; Looking at the close on Friday won't do squat. But if you had settings of 5% resistance and 5% minimum trade, then you might very well execute both a buy and a sell instead of no action. Admittedly, this is less efficient from a commission standpoint, but possible better from a position compounding angle. Just mental meandering here...... Regards, Lostinmyownmind@diskfull.dop

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