Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bernie Goldberg who wrote (4619)	4/30/1998 11:57:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Bernie, I love the "porpoise" term! That could easily replace Wade Cook's "Rolling Stocks" as it's more true to form. Maybe you should start giving $4000 seminars! Yes, a reduced SAFE on the buy side should help to trigger at least an initial buy on those smaller dips. After all, you don't want to deplete your healthy cash reserve unless there's a real reason. But is hurts to not react in some fashion to those peculiar porpoise maneuvers that many stocks exhibit. As Mr. Lichello reminds us, once AIM gets in the Buy Mode, it tends to buy more and more by "pumping the brakes." So, if you trigger a buy with the slight dip, then chances are you'll buy more if the price declines a little further. Your choice is to create the bias that you want. A +10% Sell Resistance along with a 0.0% Buy Resistance encourages accumulation. +5% Sell Resistance with +5% Buy Resistance will give about the same "Hold Zone" but will not emphasize accumulation. To carry it to the final step, 0.0% Sell Resistance with 10% Buy Resistance still has about the same Hold Zone, but has a propensity to distribute shares. The reason that there's a difference in the bias of the program is that buying adds to Portfolio Control while selling does nothing. Anything that increases the PC value inhibits selling and encourages buying. Best regard, Tom PS, Posting at 6:28 Mountain time isn't exactly sleeping at the switch!!