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

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To: Bruce A. Bowman who wrote (6089)	11/3/1998 3:03:00 PM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Bruce, Congratulations on the OMQP and EGRP trades. Nothing looks better on the AIM graphs than those little minus signs indicating a nice profitable sale! I sometimes get caught in those "twice in one week" traps by entering the subsequent orders right away. When the cash reserves are as low as they've been recently, I don't mind so much. However, then I usually set a "pace" of entering my next gtc order only after a week has gone by. That has helped. Bernie sometimes waits two weeks or longer. There's a fine line between too often and missed opportunity, and it's hard to balance on it. That's why I let cash reserve dictate how quickly I'll place the next order. Having a "business plan" for selling shares at specific price levels sure beats guessing when's the best time, however!!! Best regards, Tom

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