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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 (7967)	7/16/1999 8:53:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, Very definitely. I haven't done a Vealie yet because I'm convinced that on my first one, the market will turn on me! This is exactly what happened to me with the oil stocks. They kept going up and up and of course I thought they would never go down. I even remember doing 2 or three Vealies in one day. When they finally turned I started buying and ran out of Cash reserve much to soon. As a result I couldn't buy at the bottom of the market. I am just now getting to break-even instead of enjoying fat AIM profits. My thinking is to follow AIM exactly. If you get to a point where you feel you have too much cash and you are using Newport, REMOVE CASH. Then you would buy shares with the cash and use the ADD SHARES function of Newport. This is the same thing that one does with a Vealie except it increases the Portfolio Control by a factor of 2 over the Vealie. I think it also allows the AIMer to understand what is going on with AIM. I think that most of the people here on this thread have read the Mr. L's book and were impressed with AIM's simplicity and effectiveness. I am not impressed with all the attempts made to screw up the simplicity big time in order to achieve minor gains in affectiveness. Bernie