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

To: jptenz who wrote (14494)1/22/2001 10:48:59 AM
From: Bernie Goldberg  Respond to of 18928
 
Hi,
With Newport you set two at the beginning. Thereafter you only have to change one of them.
My recommendations $500 minimum $$ transaction size and 5% of the number of shares for the share minimum.
You don't touch either of these until after you make a trade. When the number of shares change you change the minimum number of shares to maintain the 5% ratio. I know these numbers may be changed in mid-program with Newport, I am not sure that this may be done with the other two.
Bernie



To: jptenz who wrote (14494)1/22/2001 2:25:04 PM
From: OldAIMGuy  Respond to of 18928
 
Hi JP, I don't fiddle with these numbers very often. For me it's been "set and forget" for long periods of time.

During the last 12 months I probably doubled the number of shares owned in some of my AIM holdings. In those, I have raised the min. number of shares to keep pace.

Best regards, Tom


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