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

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To: Bruce A. Bowman who wrote (6133)11/6/1998 11:36:00 AM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Bruce, Nice to let those profits ride a bit on OMQP. I'm looking forward to getting to that point, but am at just 18% Cash Reserve so far. Next Sell is at $15-3/4, I believe. That will have to wait for next week.

This AM Veale's Intl. Equity Warehouse shipped out 7% of IDTI to a happy new owner. They were willing to pay $6-7/8 for the privilege of ownership. That was a 55% LIFO gain on that trade, but alas, it took almost two months to make that! The remaining inventory is now back in the black. Oh, BTW, I'll have to send a note to my silent partner, Uncle Sam, to tell him he suffered a loss in this sale!

Best regards, Tom
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