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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 (8598)9/22/1999 3:14:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Rob, Thanks for sharing the history of CHRZ with us. At this point with some cash left, you might want to deploy a fellow AIMer's idea. He calls it "Half way to the wall" and it's meant to extend buying by conserving cash. Right now you have enough cash to buy the full 50 shares that AIM is recommending.

Using Robert G's method, he'd take the buy order of 50 shares and divide it by two - thus buying just 25 shares right now. At the next update period, if AIM's still begging for further purchases he'd buy only half of what the remaining cash value is. Each successive buy would only be for half the remaining cash in each update period (assuming the AIM suggested order is for some larger value than that).

Until you get to the point that the remaining cash won't even buy your minimum amount, you can continue to do some buying. If nothing else, it would make the graphs look great as more and more of the buy markers show up!!

Best regards, Tom