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


To: OldAIMGuy who wrote (5988)10/26/1998 7:32:00 PM
From: JZGalt  Read Replies (1) | Respond to of 18928
 
Tom,

What percentage of cash are you holding in VTSS these days? I'm thinking it might be prudent to convert some of these communications chip companies into AIM'd stocks in my account, but I don't quite know how to convert various purchases made into a cash position and the other model parameters.

For instance TXCC is two buys 300 at $11.41 and 400 at $12.16, so with the stock trading around $22-$23, I want to take some of these profits off the table and have some cash available for buying back once it falls below $20 again.

Is it reasonable to assume that I bought 700 shares at an average price of $11.83 and a starting cash level of 25% and go from there? Or should I try something else?

----
Dave

Softball for someone to hit on the 6000 post milestone.