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

To: rgammon who wrote (11224)	5/23/2000 4:20:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18929

Hi RG, I added in a very traditional method 15% to my GNSS holding today with a price of $15-5/8 per share. Since last fall when I started the account the total return is now showing a loss of 2%. However the price/share is down 20% from where I started. Neat trick!! Including my most recent trade, I now own 50% more shares than when I started. I've had nine AIM directed trades since starting this account last October. Sure beats the heck out of a Buy&Hold 20% loss! Puts and Calls can be used directly in conjunction with AIM if you are willing to stage small trades out over time and price. It takes an active options market on the security to usually give us enough room to maneuver profitably on small orders, however. Prior to coming up with the 'vealie' I used to sell covered calls against my positions a single contract at a time. I did this when the Cash Reserve was fat and I felt the market was near a temporary top. It worked well enough to buy some nice dinners out with Jane. Best regards, Tom