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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 (14615)1/27/2001 9:25:34 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bernie and Bob, You can split the new dollars as well. Should you decide to split the $3K between more shares and more cash, you would use Newport's ADD BOTH feature in the TRADE window. It will ask you how much and at what price on what date, etc. and then make all the necessary internal changes.

I'm afraid the decision as to how to add the $3K is all yours. You could add it all to the CASH side and let AIM "time" the purchase of shares. You could add it all to the UOPIX side and let AIM time the sale. However, the choice is yours. If it's of any help, the Idiot Wave is telling us that the market is at slightly below average risk right now.

Best regards, Tom



To: Bernie Goldberg who wrote (14615)1/28/2001 8:19:47 AM
From: velobob  Read Replies (2) | Respond to of 18928
 
Good Morning Bernie

That was simple enough. By using the Newport Trade function, I Added Shares (UOPIX) which I purchased based on Friday's EOD. The total amount of the "new" money ("the amount willing to have at risk") was added to the Portfolio Control.

I think that I'm slooooly catching on! Having been inculcated with the deceptive principles of buying on the way up, and more pointedly, not to average down, was part of the path to my unsuccess over the last two years. Changing that thinking is, for me, laborious.

I am feeling more comfortable having a plan, and particularly one with which I will have cash available to stock the warehouse when prices are at a bargain.

Sell to the Greedy, Buy from the Scared.

Am I catching on, or What!?!?

Thanks for your Time

Bob L