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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: RFH who wrote (7663)	6/10/1999 3:17:00 PM
From: JZGalt	Respond to of 18929

Robert, Most stocks do not spike up, then resume trading range and even if it did, so what, you would miss one trade right? Perhaps 20% on $1600, or $160 the way you seem to be trading now. If you trade slower and allow the stock to rise more between sales, my guess is you would make up the cost of one or two missed transactions. ---- Dave

To: RFH who wrote (7663)	6/10/1999 4:26:00 PM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18929

Hi, Just looking at your graphs will give you the answer. Anytime you have two weeks in a row with trades, you not only have doubled your commission cost, but you have lost the difference between sale #1 and sale #two on all the shares in sale #1. The same holds true for buys on the way down. I can agree with Dave this timein that it won't happen too often that you have a sale one week and a buy the next. In the long run you'll be better off and much more relaxed without the Valium. Isn't that stuff kind of expensive. And I don't think you can write it off as an investment expense. (8~D} Bernie

To: RFH who wrote (7663)	6/10/1999 4:40:00 PM
From: Bernie Goldberg	Respond to of 18929

HI, Take Frankie's Bank for example. On April 8th you sold 33 shares at 20 1/4 On April 16th you sold 30 shares at 22 1/2 Check out how many shares you would have sold on the 15th or 16th if you hadn't done the trade on the 8th. You've got to remember that AIM is a discipline. What a stock does for a day or two is not important. That's for the day traders. Bernie