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

To: Nimbus who wrote (17276)	11/10/2001 5:50:12 PM
From: Larry Grzemkowski	Read Replies (1) \| Respond to of 18928

Hi NIMBUS "It is also hard to believe a stock will ever get low enough to buy more at the AIM buy point, and I'm tempted to buy more at current prices, putting the cash to work. Again ... it usually does keep dropping and it is smart to hold the cash as "instructed" until it get's there." That's what I thought when I bought SSTI for $25 in October of 2000, and it's been down ever since. And I bought all the way down. Started with 400 shares and at the peak of buying I had 2300.My last buy was at $4.50. I have had three sells in the last three weeks and they were all for LIFO gains 100+%. After all that I still have 1700 shares and I'm about even (-$280). I am also aiming JDSU and I just got into some ACG to balance my holdings in my taxable account. Still need to go up a ways to get some action there. Hello to all it's been awhile since I posted. Larry G

To: Nimbus who wrote (17276)	11/11/2001 7:24:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi N, On most of my accounts I set up the minimums as 100 share trades and live with the expanded trade range if it makes for a larger than 5% minimum. However, now that I've gone "electronic" with my taxes (Quicken 2000) it's doing all those tedious FIFO calculations and documentation for my Schedule D (US Capital Gain Tax Form), it's not as important to me. I hated trying to do FIFO documentation on odd lots manually so had stuck with round lots for essentially my entire AIM history. Here's something else I did when managing an account for a friend that had several small positions but wanted to use AIM and had lots of extra cash to build the position...... We set up the account with 5% as the minimum trade size just like usual, but with just a couple of hundred shares of the stock, it just wasn't a very productive trade. So, we decided that we'd build the base using AIM's signals as our accumulation targets and just not do any selling since we had plenty of cash available. Here's what we did... When AIM signaled a buy of 10 shares (our 5% minimum) we'd buy 100. I reported the transaction in Newport as an AIM buy of 10 shares and an ADDITION of 90 shares! This kept the Trade Range appropriate for the account's history and also expanded the size of the account! We did this several times until the account's holdings were good enough that some practical AIM trading could take place meeting our minimum dollar values. It seems to have worked out so far. Best regards, Tom