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Strategies & Market Trends : Ultra OTC Fund - UOPIX -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (629)	9/30/2000 12:43:41 PM
From: Todd Reichardt	Read Replies (2) \| Respond to of 2063

Hi Tom, Transferring accounts can be a real pain!!! Last time I transferred, I didn't. I cashed out and wrote a check from my "old" broker to my "new" broker. It was MUCH smoother than the old transfer and wait routine. It seems as though you could do the same if you wanted. Selling all of your UOPIX at TWE would have tax implications. But you still have a potential way of doing it that might not. Transfer (via check) your cash reserve (assuming it makes the 15K minimum) make any sells in your TWE account and any buys in your direct account. When you sell in your TWE account, write a check to ProFunds. Eventually all your UOPIX AIM money will be in ProFunds. Just a thought Todd

To: OldAIMGuy who wrote (629)	9/30/2000 1:13:54 PM
From: bob wallace	Read Replies (2) \| Respond to of 2063

Tom I dont know how you do it, making your decision in the middle of the day... I think Bob Gammon wrote that he has to make his decisions two days in advance in his 401k (or something like that) - seems like that would be like throwing darts as far as timing an AIM trade is concerned I was really conflicted about buying Friday night in any event. It was clearly an AIM buy in my model, and from a trading standpoint, the internals (advancing issues vs declining issues and new highs/lows) were clearly stronger than the 100 point decline suggested HOWEVER, I was really put off because the chief trader over at Cramers hedge fund wasn't buying... I mean it is his st0ck in trade (so to speak) to buy weakness and sell strength, especially in this trading range we have been in for awhile. I have seen him do it over and over again. so when he wasn't buying Friday, that was just something very upsetting to me. [I know that Bud's go to hime in here and say that's what AIM is for, but I will still counter that AIM is not optimal in serious downtrends - at least not my models.] Anway, it caused enough waffling that I missed getting the trade in. interestingly, even in hindsight I am still unresolved as to whether I should have taken the trade or not - Monday will be an interesting day... Bob