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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 (14324)1/12/2001 10:29:00 AM
From: LemonHead  Respond to of 18928
 
Morning Tom, Seams that I recently read that some where.<ggg>

When you get a moment could you take a stab at David's question?

Message 15172014

Has anyone else ever combined AIM account due to a merger?

TIA
Keith



To: OldAIMGuy who wrote (14324)1/12/2001 11:48:42 AM
From: budweeder  Read Replies (1) | Respond to of 18928
 
Hi Tom; I'm not sure I fully understand all of the ancient Chinese wisdom..........I do understand Pogo's very astute comment "We have met the enemy, and it is us (me)".....

Like everything else, if I had perfect foresight, I would have handled the RYVYX account differently...BTB would have been buying on a monthly basis.....the amounts would have been larger, but I would have probably had a purchase very near the bottom........

Not knowing the overall drop of the account in advance, I was anxious to capture each 5-10% drop on the way down on a weekly basis, thinking that those drops would soon be retraced, and I would sell those shares within weeks at higher prices and sit in my counting room, rubbing my hands and cackling........

Ahhhhhh........vanity, vanity........

In another sideways trading market, rather than a corrective period such as we have had, that strategy might have been good......but, as Yogi Berra astutely said..."You never know".

Regards, Bud