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

To: Saul Seinberg who wrote (9864)1/6/2000 12:20:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Saul, With UOPIX's fabulous rise in late 1999, my indicated first AIM buy back would occur at $75. However the current 26 week moving average is about $59. Chances are I'll wait for something closer to the MA rather than toss money at it at $75. Should we see a protracted period where the M.A. rises to meet the $75 price, then I'd probably buy there. I guess I'm in Tortoise mode.

Current SAFE settings are 10% for both buy and sell sides. Hold range is indicated from $75 to $103.

I'm sure as UOPIX owners we're also surrogate QCOM owners as well.

Best regards, Tom



To: Saul Seinberg who wrote (9864)1/6/2000 8:59:00 PM
From: THE FOX  Respond to of 18928
 
Hi Saul,

Nice hearing from you . I appreciate your advice on having some dry powder when the need to purchase is indicated by Newport. As I mentioned in a previous message the next buy is 2 shares @ $125.00. I bought them at $149.00 and today QCOM went below $140.00

I let a friend borrow the AIM Bible while he is recovering from a very bad back problem. I hope he enjoys the book and joins us on the forum.

Regards,

Bob


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