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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 (17183)	10/29/2001 6:41:40 AM
From: Nimbus	Read Replies (1) \| Respond to of 18928

Thanks for the feedback. I am not completely clear on your last point about end of the day trading. For instance if the stock has been rising and you sold some at say $20, and the next sale is set for say $28, are you saying you look in the last 15 minutes each day to see if it crossed $28 that day and then you sell some at $28+ if the price is still above $28 that day ?? Also Tom mentioned he takes profits when directed and does not wait for a AIM trading period to expire. What is your opinion on this ? It makes sense other than in theory it values older inventory more than recently added inventory, since he only sells a recommended portion. One might think all inventory in the warehouse is of equal value and one should sell it all at a profit as long as there are buyers. I'm trying to devise a plan to use AIM smartly in the volatility trend as a quality stock rises. But believe me, I do not intend to use my hard earned AIM cash to buy more shares of a company who's fundamentals break down or who's price breaks through its 200 day Moving average to the downside. Much networth is lost riding and buying on the downslope. I prefer to get out at or near the top and then start up new screened issues. Just think of how much better one would be by cashing out on the top of ADCT, VTSS, CSCO, and others as their fundamentals broke down, and wait, perhaps years for these companies to form a new bottom before buying again (if at all). I'm also considering using AIM to short some of these issues on the downside, as when Bear markets hit that is about the only way to make money. Perhaps we needs "AIM II" which works both sides of the hill smartly. Thanks.