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


To: Bruce A. Bowman who wrote (5156)7/23/1998 8:30:00 AM
From: OldAIMGuy  Respond to of 18928
 
Hi Bruce, As you know, AIM would have us all ignore the overall risk of being invested heavily in one or two stocks. However, we have to review our holdings periodically to assure ourselves that we're building a proper "investment pyramid" for ourselves.

If EGRP or any other stock has grown to the point that it is disproportionately larger than another stock, that's great news -for now! Whether or not it will continue is an unknown. I guess if it's uncomfortable to have that many eggs in one basket, then that's the answer that counts.

I have one "micro-cap" stock that I've periodically milked and reduced in size because it was becoming too big a chunk of my overall account relative to its own sales. At other times, being a good AIM stock, I've thrown extra cash at it. Those times have been when it's been in the tank and the shares were cheap. I've long since reached the point that now I just play with the market's money, my own has been withdrawn maybe a couple of times.

I don't know if this helps, but it's what I've experienced.

Best regards, Tom



To: Bruce A. Bowman who wrote (5156)7/23/1998 9:36:00 AM
From: Jhende  Respond to of 18928
 
Bruce

I am glad to see i am not the only person to adjust SAFE BUY/Sell
in their accounts to pick up some selling action.

I recently decreased my Sell in my 401k account(s) from 5% to 0%
in the MF's i contribute to as i am worried there will not be enough cash to pick up massive amounts of shares during a major downturn in the market.

John