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

To: OldAIMGuy who wrote (7718)	6/15/1999 4:57:00 PM
From: JZGalt	Read Replies (2) \| Respond to of 18928

Yeah, but you would have really smoked the buy and hold people if you hadn't made those sales under $30 late last year. I never got around to buying any in that range, but they were still cheap. Tom honestly I think we could tweak AIM a bit and do much much better. There has to be some way to put a valuation into the method so you don't sell so quick once the stock turns around and is heading higher and is still cheap. If you notice you own sales come in strings of 3 or 4 with 20% to 30% appreciation between the first sale after a buy and the last sale before the next buy. I just can't help feeling that with stop losses you would be capturing the bulk of that move and really accelerating you outcome. If nothing else, perhaps you should take Bernie's advice and sell slower. Looks like you were selling every 7 days late last year while the stock was rising. <grin> ---- Dave PS sold 1/2 my JBL at $49 when you were in hospital. Now extremely overvalued stock IMO unless these eps numbers are way above expectation. 200% gain in 15 months. <grin>