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

To: axp who wrote (15164)	3/7/2001 4:58:43 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18929

Hi Larry, Thank you for your comments. Your Wait% sounds like it would fit well with The Money Spinner form of AIM. Barry, I believe still has a web page devoted to that info. I like the idea of the "decay" as well. Yes, the increase in Portfolio Control works similar to a "positive feedback loop" between a microphone and a speaker. Get the volume too loud or the mic too close to the speaker and it's going to squeal in agony. I think this can happen with AIM, too. :-) Please remember that I'm only speaking of sequential Purchase Trades. I would still update the account as often as ever, but would not act on the Buy Market Order unless the clock had run the proper length since the last Purchase. If, in the mean time, we've made a happy Sale, well that resets the clock. The price must fall back to signal an AIM buy again, however long that takes. After that, we'd wait the proper interval for the next buy unless again interrupted by a bear market rally and an AIM Sell. Best regards, Tom

To: axp who wrote (15164)	3/7/2001 6:32:56 PM
From: labestul	Read Replies (2) \| Respond to of 18929

This WAIT% is indeed similar to the Money Spinner idea. However what "By The Book" Money Spinner does is the following: After your initial purchase you calculate your next buy price. This buy price is for 100 shares (assuming you started out with 1,000 shares). You then calculate your minimum buy interval which is equal to the initial price minus this next buy price. Then all subsequent buy transactions must take place at a price which is less than the prior transaction price by an amount at least as great as the minimum buy interval. Thus in the Money Spinner the actual required percentage change actually increases each time a new purchase is made. Similarly one sets a fixed minimum sell interval. In this case the percentage change decreases as the price rises. Dr. C (i.e. the author of the Money Spinner) does suggest that sometimes these minimum intervals can change but it would be rare. I am not necessarily recommending this money spinner method. My only purpose here was to describe it. Barry