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

To: Bernie Goldberg who wrote (8247)	8/18/1999 4:10:00 PM
From: steve in socal	Respond to of 18928

bernie---i love both of your analogies, especially about an old fart making noise. btw, at one age does one become an "official" old fart? as far as "catching falling knives", my hands are scarred way too much for me not to plead "mea culpa." however, in some instances trying to juggle one AIM buy signal after another, while you franticly trying to find some news as to why your solid holding has decided to fly south for the winter causes the sphincter muscle to tighten enough to cause that squinting i referred to. sometimes, it's easy, especially in a bull market, to convince ones self that our risk tolerance is a hell of a lot higher than what it turns out to be when it's time to pony up to the bar with a continued supply of yenom. i've been there and i've blinked and i've ponied. and, sometimes i've been right and sometimes i've been wrong and i know just what RLH is feeling. regards, steve

To: Bernie Goldberg who wrote (8247)	8/18/1999 4:42:00 PM
From: LemonHead	Read Replies (1) \| Respond to of 18928

Hi Bernie, I've got about a dozen on my AIM Watch list where the buys have driven the Cash reserve to ZERO. Can't go past that as I understand it, so have to wait for a sell to come along, trade them off entirely for a better play or possibly wait for a take over (or under) as is the case with EGGS. I know its just paper, but discipline now may save some real pain down the road. BTW, I got seven stocks set up on the AIM plan. GTC buy and sell orders are sitting out there just waiting for the right price to pop a long. Still not real sure about how I should set up my Mutual's? Should have put a bunch of them on that Watch List back in January but failed to do so. Just a Bald Yellow Head rambling on and filling some space. :o) Keith

To: Bernie Goldberg who wrote (8247)	8/22/1999 12:44:00 AM
From: RFH	Read Replies (2) \| Respond to of 18928

Hi, Bernie. My hands are still bloody from the falling knives. In particular, IIT started out falling from the sky in Sept. of 1997, with my first investment at $26, and buying all the way down to around 5 1/4. I'm doing OK now, having enjoyed a return as much as 69% at one time, but the knife is recently falling again. (See: elnet.com ) Also, DROOY initially fell from $8 to around 1 3/4 before I had my first sell. That knife almost took off my pinkie! elnet.com GUMM went from 10 to 5 before getting my first sell. That knife got one of my fingernails. elnet.com I'm getting old and farting more myself, but this bloodletting has got to stop! <g> Sincerely, RFH