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


To: Dataminer1 who wrote (7673)6/11/1999 12:50:00 AM
From: Kathryn Anshutz  Read Replies (1) | Respond to of 18928
 
Hi Guys -

Speaking as someone who is chronically off-topic, I am glad you made the point about entertainment. In addition to that, I've always kept my eye on this board because there are relatively few people writing and the notes are high-quality. Too much organization kills serendipity and I like rummaging around in spontaneous thoughts.

Reading the discussion about commissions and frequent trading has reminded me why I'm using no-load mutual funds in tax protected accounts. I set myself a $500 minimum trade and don't trade nearly as often as the rest of you.

Generally, I'm happier here than on the AIM Mutual Fund Board because there aren't many discussions on the fund board. As always, I'd rather read than write and this particular board has always been good for that.

ka



To: Dataminer1 who wrote (7673)6/11/1999 4:37:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Bill, I use both Price and Time as considerations for my trading. I set up my minimums for trading (and really don't fiddle much afterwards) and then place my GTC orders for both the buy and sell sides. Since I'm usually trading 5% or less of my position as a minimum, it hardly makes a bit difference.

Now, if I get one trade this week, usually I'll wait a week before placing the next set of minimum trades. On some stocks I wait longer - only because I've learned more about their "habits."

Like a good marriage, AIM and its inventory need to be compatible for best results. AIM's so darned forgiving that we can take a boring utility and AIM it or the latest DOTCOM. AIM will do its job no matter what. It's just a matter of what overall strategy we're attempting. Certainly a 30-year-old with no kids and a six figure income has a different perspective on RISK, GOALS and RETIREMENT than does a 65-year-old! AIM's diet just can't include salmonella, botulism, or cryptosporidium!

My vote is still to keep AIM stock suggestions here on this thread. I'm very flexible, however!

Best regards, Tom