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

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To: OldAIMGuy who started this subject3/28/2001 4:21:26 PM
From: duke-nukem  Read Replies (3) of 18928
 
Tom, I've read the FAQ's, and I'm still in need of a little advice about converting some existing accounts to AIM or AIM+. I'm going to convert each of my individual holdings to AIM accounts. However, when I started them, I didn't follow the advice of keeping cash around. Since then the stocks have jumped around( good if your taking AIM's advice). One of them has hit a bit of a downturn lately, which makes me- and AIM- want to buy some more. My question is twofold:

1) Do I add cash equal to 33%-40% of my original stock purchase before instituting AIM?

2) Do I follow the immediate advice once I've done that?

The reason that I ask is because the stock has dropped enough that I could almost exhaust the cash reserves equal to 40% of my original investment. I'm getting ready to prime the pump, so to speak, but I don't want to break off the handle while doing it.

BTW, I've done scans on this thread. Apparently, I didn't go back far enough, so I have to ask: what's the Strewie Award? If it has a negative connotation with regards to stock transaction, I might have a leg up on others for this year so far :-/

Thanks in advance.
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