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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: JZGalt who wrote (5328)8/15/1998 12:41:00 AM
From: Bernie Goldberg  Read Replies (2) of 18928
 
Hi,
One of the traps that I fell into which was more my fault than Newport's is the tendency to trade to often with a rapidly falling stock. Most of the people on this thread think that because they update weekly. They have to buy and sell weekly.
Mr. Lichello explains quite clearly that once a month is enough and that you can go twice a month "if you need a little more spice in your life". It would be interesting to see where you would be sitting now if you had followed AIM's advice by the book, 33% cash 67%stock and trading twice a month. IMHO I think you would find yourself with more shares purchased at a lower price. There is no doubt these companies will come back, it's just that they wouldn't have to come back as far.
Bernie
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