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

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To: Larry Grzemkowski who wrote (7291)	4/18/1999 9:27:00 AM
From: Bernie Goldberg	Read Replies (1) of 18928

Hi Larry, It is actually 10 minutes before market close as I said in an earlier post. I don't understand how setting the buy and sell resistance would make things any easier. IMO with UOPIX you would be buying and selling almost every day. I have my minimum shares set at 1 on all of my AIM accounts. Mr. L. says in the book not to worry about the number of shares. It is the number of dollars that count. I set the minimum dollars at 5% of the total (stock+cash reserve). Another way of doing it might be to make your minimum dollars 5% of Portfolio Control. You can find out what that is by pressing SHIFT+F4 in your initial screen on any stock in Newport. I update my minimum $$ about every 6 months. I have to admit that I have the time to put in my buys and sells at any time since I am a member of the Voluntarily Unemployed, but I don't find it complicated or too time consuming to calculate the price of UOPIX. For what it's worth, here's how I do it. 4/16/99 Price of UOPIX $143.75 Assuming that the price of the Nasdaq 100 OTC index is up by 5.4% on Monday 4/19/99 at 3:30PM ET. I multiply the 5.4% by two and get 10.8%. I then multiply 143.751.108 and get an answer of 159.275. The reason I multiply the increase or decrease by two is that UOPIX doubles the result of the OTC index which is what makes it IDEAL for AIM.* If 159.28 gives me a buy signal with AIM I call the ProFunds and place my order. If you are still on hold with 10 minutes to go till market close you hear a message telling you that you are still qualified for today's closing price. Hope this helps. Bernie

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