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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 (10422)	3/10/2000 5:56:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Sir Fox!, I'm planning on bringing that ancient copy of Mr. Lichello's book you were kind enough to send to me to the AIM 2000 meeting. Hope you'll be there to autograph it! Best regards, Tom

To: THE FOX who wrote (10422)	3/11/2000 10:02:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, Congratulations on starting. A few comments. With the price of ODP currently in the vicinity of $10, hopefully you purchased in the vicinity of 500 or more shares. Setting your Buy Safe at 0 will trigger buys rather quickly if the stock declines even a little bit. You've also limited your profits somewhat by the smaller difference between buys and sells. These parameters are likely to drain your cash reserve. Make sure you have sufficient cash. If you don't, you might find yourself in the position of having A.I.M. tell you to buy shares when there is insufficient cash reserve. what most people do at that point is add more cash and consider that and A.I.M. recommended purchase when in reality what they are doing is adding shares(a Newport term). IMO the whole purpose of AIM is to calm down Hyper folks in their investing activities. Get hyper about the vacations you can take with your A.I.M. profits. My recommendations would be to set both Safes at 10%. Zero would work for a Mutual Fund on the buy side. Set your minimum shares at 5% of the number of shares that you have with the minimum $$ at 500. If it is in an IRA you could set that a little lower. Just for kicks write yourself a note. Put in it the number of shares you purchased, and the total dollars invested. Keep track of the interest on your cash reserve in Newport. When you start getting frustrated with A.I.M. look at the note and compare it to how many $$ you have at risk with Newport. Hope this helps. Bernie Hope this helps