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


To: Jack Jagernauth who wrote (17698)1/4/2002 12:01:24 AM
From: SAM  Read Replies (2) | Respond to of 18932
 
Hi Jack,
Are you still AIMing ATYT? AIM wants me to sell 20% of my holdings at today's close price. I am hesitant. I am already at 38% cash. (this has been a nice aiming stock) The sale would put me way over the IW 50% margin (thanks Tom!).

Technical analysis using candlesticks to back up the sale may be wise though if there is a DOJI tomorrow.

But with all the good news..... Any idea from your position?

Thanks SAM



To: Jack Jagernauth who wrote (17698)1/4/2002 3:12:15 PM
From: OldAIMGuy  Respond to of 18932
 
Hi JJ, I'm hoping for an early Spring with all those seeds committed!

Under such circumstances I have done it both ways. I've sometimes gone back to the original date of the account and used that date to add the $10K and pretend that it was there all along. Then on the date of the actual transaction, I deduct $10K from the Cash and add $10K worth of stock to the portfolio. There's a "step" of $10,000 in the Cash Reserve on the Bar Graph just as the Stock value goes up by the same amount. All looks normal.

I've also just let the Cash Reserve go negative by using the AIM Buy trade feature. As long as we're not exceeding the buy Market Order that AIM is suggesting, then it seems to me that it should work okay just to make the AIM buy.

Best regards, Tom