Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OldAIMGuy who wrote (15115)	3/5/2001 6:15:35 PM
From: Steve Grabczyk	Read Replies (4) \| Respond to of 18929

Hi Tom: Interesting thought on 'Rules of Thumb'. I'm still (albeit somewhat unsuccessfully) working with a common cash reserve in my 'basket'. Maybe I'd have to use it in toto. I'm still convinced that over the long haul, trading frequency should be determined by the stock price vs. the settings and nothing more. Anything beyond that would be contrary to RL's original approach (even though he recommended an infrequent schedule). It seems to me that once we take the GTC approach, then other dynamics have to come into play. For example, if a price moved up 15% on Mon-Wed, and then moved down 13% back to it's original price on Thu-Fri; Looking at the close on Friday won't do squat. But if you had settings of 5% resistance and 5% minimum trade, then you might very well execute both a buy and a sell instead of no action. Admittedly, this is less efficient from a commission standpoint, but possible better from a position compounding angle. Just mental meandering here...... Regards, Lostinmyownmind@diskfull.dop

To: OldAIMGuy who wrote (15115)	3/5/2001 6:52:01 PM
From: budweeder	Read Replies (2) \| Respond to of 18929

Hi Tom; I like your idea...and since I am in funds I don't use GTC orders, so that could work well for me.......I like taking advantage of small moves (intra-month) while protecting against the multi-month drawdown we have been going through..... I know there is really no bad time to follow the AIM advice, but I wonder if there is a best time?? For instance, if the one-per-month restriction had been self-imposed....would there be a "better" time of the month to let AIM have its way? I know that there has been a general trend (violated recently) of the last few days of a month and the first few days of the new month generally being up...... The KISS principle is probably best, without trying to over-think it...but my guess is that I would probably let AIM have its way on either the last trading day of the month, or the first of the new month........My guess is that if one took a long view (say 10 years), it probably wouldn't matter much. This was mostly nattering, so forgive me...I think I am bored waiting for the market to get a bottom and start some upside action............but hey, I've still got gold..and it was up again today!.......ggggggggggg Regards, Bud