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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 (10515)	3/21/2000 7:31:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, Just a thought. If you sell as AIM suggests the Sell price increases doesn't it? If the stock is indeed a rapid mover or high flyer eventually you would be buying it according to AIM, rather than selling it. If I had followed this procedure with COMS I probably would have not been able to buy at 56. I increased my COMS shares by 25% in the big drop from 115 to 54. I am enjoying the profits now that it is up to 69 or 70. Maybe even higher as I haven't checked the price this morning. Excuse me, but I do not understand all this effort expended in trying sell stocks that are going down when AIM is very specific in saying that that is when you buy them. Bernie

To: LemonHead who wrote (10515)	3/21/2000 10:21:00 AM
From: OldAIMGuy	Respond to of 18928

Hi Keith, All of your description is true as far as I know. However, I still don't necessarily feel that they are a good partner for AIM. At some point we need to make a decision as to whether we're following AIM's Sell Market Order advice or not. If we have plenty of cash, then there's a logical reason to not sell. If that's the case, then it is contrary to our best interest to sell a few shares at a lower price. Our general problem is trying to get fully invested when AIM tells us to. Stop orders tend to reduce our holdings, not increase them. The only way to beat Mr. Buynhold in the long term is to end up with more value than he has at market peaks. We're not going to do that if we're always selling shares in a down turn. AIM's pretty straight forward. I don't think it helps to complicate the decision process with such strategies. As I stated before, I don't know how to "Back-Test" this either. So I don't have a way to prove it one way or another. My best proof comes from my own AIM history. I've done quite well without ever using a Sell Stop or Sell Stop Limit order. execpc.com Hope this helps, Tom