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

To: JSLyons who wrote (17259)	11/8/2001 8:02:19 PM
From: OldAIMGuy	Respond to of 18928

Hi JS, RE: 'vealies' Let's assume that you have 33% cash in your favorite stock AIM/Newport account and that the Idiot Wave is currently suggesting 30% cash is what is prudent. You don't really want to do this next sale because market risk is low and you've sold enough to satiate the Idiot Wave's request. So, instead you want to pull a "vealie." AIM wants you to sell $1000 of the account. You ignore the sale market order and instead add 500 (half of the proposed sale) to Portfolio Control. In Newport you do this by pushing the "SHIFT"+"F4" keys to bring up the PC window. There you can take the old PC value and add the 500 to it and even test it to see what it will do to change the HOLD ZONE. Then you can save the change and wait until the next time AIM's suggesting a sale. After doing a few of these in a row, chances are that the cash reserve will have been diluted to a lower percent of total value. At that time you may choose to exercise the actual sale to bring the cash percent back in line with the IW suggestion. Another possibility is that the IW cash suggestion might rise to say 40% which then would have you wanting to sell more shares to account for the higher risk of the market overall. Best regards, Tom