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


To: Bernie Goldberg who wrote (13388)11/1/2000 8:34:36 PM
From: Steve Grabczyk  Read Replies (1) | Respond to of 18928
 
Hi Bernie:

No. Sorry to say I can't do them. I don't have Excel at home for PCA and never was able to get AI to work. Besides, as you know, I have used a common cash reserve for my whole basket since I started a year ago. So I couldn't really set a beginning point as you did.

However, your point was not lost on me. Heaven knows that had I had 20 20 hindsight, I would not have made some of the decisions I did trying to get the biggest bang for my dry powder. Fact is, I went into the 1 year exercise with a % to total cash reserve grid plan which declined as my egg count went up. Of course I totally ignored my own strategy a few months into the game! As I told Robert the other day, I truly consider myself lucky that my first year came out as good as it has. Time will tell. I can say that it was very tough for me to not panic when I was down double digits. Frankly I think the expert guidance and advice on this board kept me from the lemming leap!

Thanks! and Regards, Steve



To: Bernie Goldberg who wrote (13388)11/2/2000 10:56:25 PM
From: Jack Jagernauth  Read Replies (1) | Respond to of 18928
 
Hi Bernie,

Most of my AIM accounts still have cash reserves, but one account I started on 06/19/00 is out of cash. I bought GAC.TO after it dropped about 75% over a period of time; however, after I bought it, it dropped another 70% from my initial buy price.

In PCA, starting with 50% cash reserve, trading 10% of equity and standard buy / sell settings of 10/10, I would have had 5 buys, no sells, and 1769 shares.

What I actually did with a combination of limit orders and time-based trading, making adjustments to the trading range as I saw fit ("have a system and think!"), was 6 buys, no sells and 1930 shares.

I don't know what the outcome would have been so far, if I had traded once a month, on the 15th.

Regards,
Jack