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

To: Bernie Goldberg who wrote (10518)	3/21/2000 12:51:00 PM
From: LemonHead	Read Replies (1) \| Respond to of 18928

Hi Bernie, Dave Zawicki (JZGalt) I just wanted to let everyone know that I mailed the book to Carol today. I think that it turned out very nice and I am sure she will agree. I typed a brief memo to her from us and listed all the contributors. I then took and had it and the signature cards laminated. Using Double sided tape I placed the general memo along with a picture of Dave in the front and the signature cards in the back. I think even Dave would agree that we did a real nice thing. I appreciate everyone's efforts in our group endeavor. Now back to Stop Orders. I thought it important that everyone be aware that there are two types, one for Market and one for Limit. I do not advocate the use of them with AIM methodology. I feel that if you have one sitting out there that it becomes a direct target for the Market Maker's. I tried it one time with AMKR. I some how convinced myself that it would drop from the low 30's to the low 20's. I put my order in at $25. I was taken out very quickly and the stock bounced back into the 30's making the Market Maker a nice profit and leaving me feeling like a dumb bo. The best lesson is always experience. I won't be using them again for this type of Risk Management. I just finished reading "License to Steal: The Secret World of Wall Street and the Systematic Plundering of the American Investor" By Anonymous & Timothy Harper. I had planned to provide you folks with a short review, but some how I left the book (along with my notes) on the Airplane... I can honestly say that when I was a gambler I experienced some of the manipulation as described in the book. Keith