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

To: LemonHead who wrote (10177)	2/1/2000 4:05:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18929

Hi Keith, If in a new account, you've not sold any shares as of yet then you can't be expected to get as good a "discount" as those who have been in the stock through a previous cycle. When AIM starts in buying it gets serious about accumulation. Once in the "accumulation" mode, AIM's next buys come along rather quickly. It doesn't take much of a dip past that first buy to continue buying. After all, the "SALE" is already on! Inside AIM every time we initiate a buy, we add to the Portfolio Control. This makes it even easier for the next buy to occur. SAFE helps to temper that buying cycle a bit, but not all that much once things get rolling. This is the "positive feedback loop" (like a microphone too close to a speaker) that's built into AIM for long term growth. So, having SAFE on individual stocks set at Mr. Lichello's "standard" 10% will hold off buying even in a new account until decent discounts are available. The other thing we need are "Deep Pockets" in the form of plenty of Cash Reserve. If we don't have cash, the Purchasing Dept. can't do its work. One difference between how much you are buying and how much the PA's at VIEW are buying in the same equity may have to do with "company policy." Here at VIEW, I always round any order down to the nearest X00 share round lot. If AIM's insisting that I buy 212 shares, I buy 200 If AIM's asking for 190 shares, I buy 100. This helps to conserve cash and also could easily account for the differences you notice. It could also be that I'm no good at math! :-) Best regards, Tom