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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: JSLyons who wrote (17251)11/9/2001 8:28:15 AM
From: Steve Grabczyk  Read Replies (1) of 18928
 
Hi Jonathan.

I've already seen Tom's responses, so I certainly can't add anything to what the Master has said. However, I will! As relates to your comment regarding 'waiting for that higher price the next day'. I learned early that you gotta take the bird in the hand. If the price goes up more after your sell, then AIM will trigger a subsequent sell appropriate to that move. If you look at it, the gain you miss (maybe) by waiting longer is a very small price to pay. I suggest you set up a simple spreadsheet taking a sell @ $12.00, and then another at $13.25. Calc the difference of that versus one sell at $13.25 and you can see that it's pretty small (in a long term sense). Small price to pay as well given that you have that little birdie in your hand.

Regards, Steve
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