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

To: THE FOX who wrote (9849)	1/5/2000 10:47:00 PM
From: Steve Grabczyk	Read Replies (3) \| Respond to of 18928

Hi FOX: It shouldn't matter what the per share price is as far as AIM is concerned. AIM use the value as it's basis to set buy and sell levels. Now you might only sell 1 or 2, but imagine if you sold 1 then bought 2. Over time you would have a lot more than 10 shares. I've been AIM-ing COMS since November 1st. Most trades between $40 and $50 /share. Usually about 15 to 25 shares a trade. Got another buy on it today @ 44 3/8. Had a sell on Monday @ $48 1/2. Not a big spread, but using AIM's recommendations is key to the discipline inherent in this system. You trade around your core position, and accumulate shares on the buy side, and cash on the sell side. What could be sweeter? Also got a buy on LE again today. Second one this week. I know that many AIM'ers out there restrict their activity to once/week, but I happen to believe that there's nothing magic about Friday or Monday. Besides, I need to catch up. I've been AIM-ing with real money for 2 months, after thinking about doing it for over 10 years! I may be wrong in my approach, but expect to fine tune as I move forward. I have no problem investing 5 minutes of my time each day updating Newport and placing my GTC orders on line. Anyway, best of luck on QCOM. I've been watching VITR, and may pick some up tomorrow. Like QCOM, a High flyer. Was $300+ a few weeks ago. Now on sale for $189. Will work with AIM if it remains as volatile as it has been. New issues tend to stabilize after 6 months (my observation). Regards, Steve

To: THE FOX who wrote (9849)	1/6/2000 7:04:00 AM
From: OldAIMGuy	Read Replies (2) \| Respond to of 18928

Hi Fox, It's not so much the price of the equity, but the portfolio's value relative to what you can trade as a minimum size order. I like to keep the minimum order size such that the commission cost is less than 5% of the order. So, if we assume you can trade on-line for $12/trade, then your minimum order size would be about $250. In the case of QCOM, this would then - if for no other reason - give you a trade range of $125/share to $250/sh. You'd buy two shares at $125 and sell one at $250. With that big of a range, you might not trade often, but the per round trip trade profits would be handsome. So, try entering QCOM in Newport with $250 dollar minimum and one share and see what AIM comes up with. If it's beyond the $125/$250 range, then trim the Buy/Sell Resistance (SAFE) to bring it into closer focus. Our goal is to make effective, profitable trades and AIM almost guarantees that if we stay pretty close to the general rules established by Mr. Lichello. However, his rule of thumb was that we needed a portfolio value of about $10,000 to have enough inertia to make AIM productive. As you and I have shown, we can start with a smaller account, but the trading activity then is reduced. Not less profitable, just less active. So have some patience with QCOM and it might be some fun. It certainly was entertaining for shareholders in 1999! On another subject, I have talked to some investment clubs over the years. Most run with nearly a zero cash balance and "Dollar Cost Average" into their new holdings. It always seemed to me that they were ideal candidates for use of Twinvest and AIM. What I suggested to them was to use Twinvest during their "accumulation" phase of a new equity position. Then, since they also accumulated some cash to go with the new holding, switch on AIM after the account had reached "critical mass." The club then would manage many AIM holdings over time and continue to build new positions with the newest contributions. I've often thought of starting a club based upon Mr. Lichello's tools but never have found the time. Well, maybe I did form one, but I'm the only member!!! or maybe this BB thread is the "club" even if we don't have pooled funds! Best regards, Tom

To: THE FOX who wrote (9849)	1/6/2000 7:28:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, I started MRK when it was 34 and AIMed it ever since. When it reached 160 I was selling and When it reached 118 I was buying. After the split I can buy some more when it reaches 60 1/16. Since MRK is not very volatile, I have my buy Safe at 0 and my sell Safe at 20. This allows me to add shares more often and sell less often. AIM doesn't care about the price of the individual stock. It is only concerned with the percentages of the total amount invested. Bernie