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

To: doniam who wrote (11909)	6/29/2000 2:21:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18932

Hi Don, *P seems like a long time ago, what "handle" did you use there?? For QQQ, it recently was as high as $115/share and fell to a low of about $77.50. That's a 33% drop. Coincidentally if you'd started with 33% Cash reserve right at the top and used 5% as your trading minimums and 10% SAFE on both sides, you would have ended up reinvesting almost all the cash reserve just as the bottom occurred. So, I guess you can use 33% as your max. cash reserve, or use the Idiot Wave's Mutual Fund recommendation and you should do fine. Looks like 10% Buy SAFE would have been necessary to keep the account in cash through the entire decline. (if you used a smaller SAFE value, you'd need to have more cash on hand to survive all the way to the bottom of this most recent price cycle). I don't know how much overlap there is between QQQ and SPY any more. Might be interesting to know. Also, I'll take a look at the SPY and QQQ for greater price range. That might determine which one is better fodder for AIM. Best regards, Tom SPY, QQQ and UOPIX comparitive graphs at: siliconinvestor.com Looks like SPY might be a bit boring, QQQ lively and UOPIX a "MAALOX MOMENT!" With UOPIX I'd recommend nothing less that 50% Cash Reserve or the IW's "stock" recommendation.