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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 (12691)	9/4/2000 1:46:43 AM
From: LemonHead	Read Replies (2) \| Respond to of 18929

Hi Don, It's Late, but I just wanted to take a moment and wish all of you fine folks a wonderful Holiday tomorrow... It is so special to be a part of this wonderful debate and education. Time to fire up the Grills!!! I'll be eating all the wild game, Duck, Deer & Dove at a friends tomorrow afternoon. Of course a few Bud's will exercise my wrist. Have a nice day, and let AIM manage the Inventory... Keith

To: doniam who wrote (12691)	9/4/2000 9:04:25 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18929

Hi Don, You should probably set your minimum Share trade to just one share if you don't want it interfering with the dollar minimums you've established. Then only if the share price exceeded $100/share for your mutual fund or $500/share for your stock account would it take control over the minimum dollars. When you set SAFE at some level, remember that it's the resistance to do any trading before that SAFE level is achieved. Once you reach that plateau, AIM would then be ready to sell only your first dollar's worth. So, from that point on, your minimum for trading takes over. As the price rises or falls further from satisfying your SAFE value, the market order grows larger and larger until it finally satisfies the Minimum for trading. This is like adding percentage points to the SAFE value in a way, as it expands the overall HOLD ZONE. In the case of your $500 minimum orders usually being designated as $503 or some such, it's just that your minimum was $500, so it has to satisfy that first. Then there's probably some rounding that occurs to achieve the nearest dollar level at an even share number. I don't know why your mutual fund orders are missing the mark by so much. My guess is that if you reduce the minimum SHARE trade to one share, you'll get market orders closer to your minimum of $100. Best regards, Tom

To: doniam who wrote (12691)	9/4/2000 6:12:16 PM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18929

Hi Don, $500 is the MINIMUM not the only trade size. As a matter of fact Mr. L recommends a minimum of $500 with a minimum of 5% of the portfolio. As Mr. L. says anything less would be insignificant. Just in case you decide to go along with Mr. L's recommendations the way to do it with Newport is to set your minimum transaction to $500. Set your minimum shares to the number of you shares divided by 20. Eg. 762 shares would be 38. If that comes out to more than $500 that is great! You will be making more profit and that's why we invest. Bernie