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

To: matvest who wrote (14736)	2/4/2001 6:07:18 AM
From: axp	Respond to of 18928

I would think so. I'm long on theory and short on experience right now so take what I say with a grain of salt. I'm concerned that the theory can't be applied in reality. I model with the weekly closing prices and that's how I tune my parameters. So I plan to make my buys and sells on Friday shortly before market close. I'll have to wait and see whether I can stand to ignore unusual price activity during the week, or even if I should.

To: matvest who wrote (14736)	2/5/2001 9:27:15 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Larry, For many of my stocks that's exactly how I do it. I enter my GTC Limit orders and then if they fill, I will wait until the following week to enter the next Limit order. Obviously those stocks which remain in their respective "Hold Zones" without trading won't need any change to the GTC Limit orders since nothing has changed. There are some stocks which I only trade on a monthly basis. That's because of their long, slow market cycle. No use hurrying things. Capital Equipment companies are an example of this. So are Long Bond Funds. There are some circumstances that also will change just how often I react with a new set of GTC orders. For instance, I was so low on cash reserves recently, I've been entering my next Limit orders usually as quickly as the last one has filled. Now that I have achieved some comfort level, I'll go back to more normal trade frequency. Best regards, Tom