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


To: fuzzymath who wrote (12153)7/25/2000 8:06:21 PM
From: Steve Grabczyk  Read Replies (2) | Respond to of 18929
 
Hi 'fuzz...'

Do you mean like Land's End? (LE). Take a look at it's gyrations the last 2 days! I think you could have gotten a handsome return in 24 hours on this guy. Talk about markets overreacting!

Regards, Steve



To: fuzzymath who wrote (12153)7/25/2000 10:59:57 PM
From: LemonHead  Read Replies (1) | Respond to of 18929
 
Hi fuzzymath,

A few comments...

This is a kind of "mini-AIM", done at a very short-term level: buy something good, but time your buy when for no apparent good reason the market has priced the stock relatively low.

There is always a reason!!! May not be apparent to us, but it is there for those that dig.

"Mini-AIM", well I'm one that is okay with stretching AIM to fit your needs. But Mini I question. I label my buys as AIM or Position Trades. AIM is long term core. Position is short term profit.

"I fished the bottom", now you're talking about something I understand. If it is a good stock that just got caught up in a Wall Street storm, that is one thing. But if it is like the race Tom was in last weekend and some of the cars break down then that is another issue. "IO" appears to have a broken axle, "DV" looks to be in good shape. Doesn't matter because I assume this to be a paper exercise on your part to prove the model...

Why not "Fish the Top"? Top water baits have been known to catch some very big fish. From your website I couldn't tell how you rated the overall performance of the "15".

Comments
Keith

PS - define laggards, then define looser's.