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

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To: JZGalt who wrote (5999)	10/27/1998 9:41:00 AM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Dave, I'd assume that the $8287 that you invested initially for the 700 shares should be considered your starting point, but with no cash reserve. Assume you are 100% invested at that point. Now, at $22, you have a value of 15,400, SAFE of 1540 and Portfolio Control of 8287. Plug those in and AIM says you should sell $5573 of the equity, or about 1/3. With the Idiot Wave suggesting 28% Cash Reserve this week, the cash raised from selling will be more than adequate for now. Personally, I'd round to 200 or 250 shares sold at $22. That will give you about the right cash value and set the stage for both buying and selling. With just 450 to 500 shares in the account, you may want to trade smaller than 100 share blocks in the future or the "Hold Zone" will be rather large. Hope this helps, Tom

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