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

To: OldAIMGuy who wrote (14153)	12/29/2000 12:58:59 PM
From: James F. Hopkins	Respond to of 18928

I just got Waterhouse and bought $4K of it in my IRA ( $2k ) is min .. It don't have a symbol yet but they knew what I was talking about right off, it seems I'm not the only one jumping in. I'm still about 50% cash even after that buy. ------- I know it's a pig in the poke but a new fund like taht with the market down has some advantage of "buying power" & picking stocks they can Mo Mo with. A lot depends on the overall market but if it were to turn up I would expect this new fund to run really fast at first. Jim Any way Waterhouse has it..@$10 today. Jim PS I read an old book about how funds can use "buying power" when they have cash. In many cases they get a better price than market trades.