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To: Stonehenge who wrote (13711)11/30/1997 7:53:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 27012
 
Thanks, Stonehenge, for your words of encouragement.

I'm still wondering, however, what one does to "lock in profits", when INTC or other long-term holds make healthy moves up. Or is it the DRIP method you are recommending, where ROE is a function of dividends and splits?

I use the AIM method of long-term management, and it seems to work well. AIM calculates small percentage buys and sells, leaving most of one's funds in either the stock, or in cash (or both), depending on the stock's movement and the general market trend.

Good luck to you, and if you have any specific tips on how I can transform my Assistant Prof's salary into the "few hundred thou in assets" you possess, let me know.

Happy trading, TC.