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Biotech / Medical : Biotech I-Shares (IBB) -- Ignore unavailable to you. Want to Upgrade?


To: Rich23241 who wrote (57)4/26/2001 12:02:02 PM
From: OldAIMGuy  Respond to of 75
 
Hi Rich and Larry, I would have though with a starting price of $100 and a low of near $60 you would have bought enough that the recent return to the high $80s would trip your first Sell order.

Maybe your minimums for trading are inhibiting this. That sometimes happens with high priced stocks. I'd suggest that you keep the min. shares very low and let the min. dollars be the guide for trading.

Let me know if this helps.

Best regards, Tom



To: Rich23241 who wrote (57)4/26/2001 10:02:27 PM
From: matvest  Read Replies (2) | Respond to of 75
 
HI Rich,
Tom Veale developed a technique to avoid selling all of your shares in a prolonged uptrend that is known as a Vealie. Basically it trips when you get a sell order that will increase your cash beyond the percentage that you have designated. It takes half of the sell value and adds it to portfolio control.
See Tom's site for more info: aim-users.com

So what I meant is my first sell order comes in the 80s but if I sell then my cash reserve will exceed the percentage that I have it set for. Thus I pull a vealie and I get a new sell & buy price. In my case each new price generates a new Vealie until I get to about $108.

Hope this helps.

Larry



To: Rich23241 who wrote (57)5/4/2001 7:16:27 PM
From: LemonHead  Read Replies (1) | Respond to of 75
 
Hi Rich, I just noticed that today's volume was about three times the norm. Now that get's my interest if it will continue. Anything up that you know about?

 Last Trade 91.20    Open 85.50    EPS Growth Rate N/A  
Change +3.25 Previous Close 87.95 EPS (TTM) N/A
% Change +3.7% Today's High 91.20 P/E N/A
Last Trade 3:48 PM Today's Low 85.10 Market Cap N/A Mil
Bid 0.00 52 Wk High 0.00 Shares Outstanding N/A Mil
Ask 0.00 52 Wk Low 0.00 Dividend N/A
Volume 132,800 Avg Daily Vol N/A Yield N/A
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Keith