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

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To: OldAIMGuy who wrote (4620)4/30/1998 12:43:00 PM
From: Bernie Goldberg  Read Replies (1) of 18928
 
Hi,
What about 0%buy and 20% sell?
This would keep the the difference between the buy and sells the same as Mr. L. recommends and reduce the the number of Vealies necessary, since the cash reserve is already so high. Based on Friday's close it is 38% which I think is more than I need with a stock like MRK.
One of the things I am thinking of doing on the next dip is removing some cash (say 13%) which I would use to buy some shares and adding the shares to Newport.
I guess it's good to have problems caused by stocks that more or less always go up rather than down. Hopefully the discussion will prove enlightening to some other AIMers. Thanks again.
Bernie
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