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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 (8645)	9/27/1999 10:13:00 PM
From: LemonHead	Read Replies (1) \| Respond to of 18928

OT Hi TV, Been running this through my head all day, know there is a simple answer? If you base your trades on the LIFO formula then why would you ever purchase the core? Take TWE for example. You are buying shares in the $12 to $13 range and selling them in the $16 to $17 range. LIFO? Why buy $14 in the middle and commit all that capital and inventory? Wouldn't the core position be safer on paper? In the world of JIT, it seams to me that money budgeted for short cycles is more valuable than money sitting in a warehouse? JMT's, Keith in Finance... PS- My wife just made the best Cheese Grits...