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

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To: OldAIMGuy who wrote (15155)	3/7/2001 3:21:33 PM
From: greg welch	Read Replies (2) of 18929

Tom, Great idea. I prefer the parts that make it mechanical - and not allow emotions to start running your game plan. I have played around with the old Bill Reidman Excel spreadsheet for a couple of years now and it has always amazed me how the numbers change in the various columns when you tweak the buy/sell safes after a buy or a sale. When I can see the numbers all in a row and am doing "What-ifs" with the next buy/sell price I can manually adjust the cash level to whatever percentage I like by adjusting the safe level. For a slow burn this method works great by "pushing" your next buy out a few more dollars. The real problem starts when your stock goes into a free fall. At what point do you really put on the brakes or just let AIM run you out of cash in the position. In referencing the above paragraph was I sure surprised to see my Barrett Resources (BRR) holding go through the roof this morning, plus 35% at the open. I have had a few positions where the opposite was also true and the bottom has fallen out... In Maryland they have this silly Lottery slogan: "You gotta play to win". Well in some respects AIM is the same.

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