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


To: labestul who wrote (13864)12/8/2000 11:01:36 AM
From: budweeder  Read Replies (1) | Respond to of 18928
 
Barry; Dang good post! I will be interested to hear the responses from those more experienced than me......

I have used settings of 7% on Buy and Sell on some accounts....not changing them to try to time, but thinking that I could capture somewhat smaller moves up and down..and therefore profit more from being able to buy and sell more often..............comments on that thinking is welcome from all....

Regards, Bud



To: labestul who wrote (13864)12/8/2000 1:39:36 PM
From: Bernie Goldberg  Respond to of 18928
 
Hi Barry,
You asked:Do you change these settings for timing purposes? If yes, why? If no, what if anything do you do to prevent any subconscious influences?
I have an AIM program using Alliance Capital Management (AC).
It was originally purchased solely for income because of a very nice 8.8% dividend. After about 18 months the price had more than doubled. The dividend had been increased but by enough to keep the %yield at 8.8%. that was when I started the AIM program. I funded the Cash reserve by selling about 16% of my holdings.
I set the buy safe at 10% and the sell safe at 20%. This has nothing to do with timing. Since this security was purchased mainly for income, I am not as interested in TRADING it. I set the safes where I did because I wanted to emphasize buying as opposed to selling it.
This is absolutely not a recommendation for continually changing the safes after an AIM program has been established.
Bernie