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

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To: Jack Jagernauth who wrote (5914)10/22/1998 7:12:00 PM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi Jack, I was not on line much today so just read your note.

In Newport, along with all the stocks and funds that I have, I have a "make believe" stock I call CASH. It's just a place for me to put cash when it's not committed to a stock. However, this year when I sold out of DIGI, for instance, I didn't have an immediate home for it, so I used Newport's ADD CASH feature under the "CASH" ticker symb. to move the value of the DIGI account to the "CASH" account. I keep a pretend 10 shares of stock worth $1 each in that account just so Newport will accept it. It won't "ADD A STOCK" without some shares being entered.

This surplus "undesignated cash" was what got used up after all the cash from the individual stocks was gone. After that, I used available cash from those remaining stocks that still had plenty. I let the total cash on hand in the "good" stock remain the same, but let the cash reserve of the "bad" stocks go to negative values. All in all, the overall cash reserve for the entire program remained correct.

Hope this helps, Tom
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