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


To: Steve Grabczyk who wrote (9564)12/14/1999 10:51:00 PM
From: Steve Grabczyk  Respond to of 18928
 
To All:

Got a buy yesterday on GSF @6 3/16.

Got 2 sells today on COMS. First @ 49/7/8 and 2nd @51 1/2. I know you're not supposed to be trading twice in a week (let alone in a day), but last night, I happened across an aftermarket news item on COMS indicating it was trading up as much as 8 points last night with expectations of a strong open this am (closed Monday @ 44 13/16). Well, I checked my GTC order and there it was waiting for the open @ 49 7/8. It must have executed within a minute of the open. So I calc'd the next AIM sell, entered it with my discount broker and it hit the mark this afternoon. Needless to say, the next sell @52 1/4 is in there. BTW the stock had a high today of 52 3/16.

Regards, Active in Arlington.



To: Steve Grabczyk who wrote (9564)12/14/1999 10:59:00 PM
From: Steve Grabczyk  Respond to of 18928
 
To all again:

A question: I bought LE about 3 weeks ago as an opportunistic buy (it had dropped big). Well it dropped some more (a bigger opportunity?) and since I still like this company I averaged down today and now own twice the shares. Here's my question. I wasn't planning on AIM-ing this guy, but now want to. How can I get it set up properly time wise in Newport?
Tom? Anybody?

Regards, Dumb in Duncanville



To: Steve Grabczyk who wrote (9564)12/15/1999 11:16:00 AM
From: OldAIMGuy  Respond to of 18928
 
Hi Steve, There was lots of talk about inflation in the '70s and Nixon even threatened price freezes on steel and such. However, the interest rates didn't really soar until the late '70s and early '80s.

In '74 it was more the anticipation of high inflation based upon the price of crude oil heading for the moon that drove the last stake of holly into the heart of the market around the holidays that year.

1969 to 1971 was tough with a little rally through 1973 then things got UGLY! That V-L P/E of 4.9 is still their record low. My good friend in Cleveland considers 1974 a "Buy of a Lifetime" period. In my opinion 1975 marks the real beginning of this incredible Bull Market.

All Hail El Toro!!!

Best regards, Tom
PS: Newsletter's up at execpc.com