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


To: D VanSwol who wrote (4784)5/27/1998 5:11:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Dennis, I just got back into town and took a look at my stocks! UGGGH!!
Looks like my Cash Reserves are going on a diet also! I'll have to find out what buy orders I've triggered this week so far.

Best regards, Tom



To: D VanSwol who wrote (4784)5/28/1998 3:40:00 AM
From: Bruce A. Bowman  Read Replies (2) | Respond to of 18928
 
Hi Dennis- So I'm not the only one that's feeling a pinch because of cash! This is awfully early in the correction to be curtailed in buying, but who knows where this is headed? In any case, VLSI looks very inviting right now and I really wish I could jump in! But I keep telling myself "discipline, discipline, discipline!" Of course, there's no choice since like you I'm trading an IRA and can't just add cash! :-)

I had buys in EGRP and MXWL today as they dipped to new recent lows, but both rallied by the end of the day...strange. I'm not used to that sort of gentle treatment! EGRP was down for the day, but my order filled at 20.500 and it closed at 21.250, so I'm +0.750. I had similar luck with MXWL: my order was filled at 24.250 and it closed at 25.875. So all in all it wasn't a bad day.

Bruce