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


To: jas244 who wrote (5995)10/26/1998 11:02:00 PM
From: Jack Jagernauth  Read Replies (2) | Respond to of 18928
 
Hi James,

I read somewhere that diversifying to about 6 to 9 stocks is a good way reduce risk that the one stock one owns might not be the big gusher. Even 3 or 4 is better than just one.

Just some thoughts.

Regards, Jack



To: jas244 who wrote (5995)10/27/1998 12:52:00 AM
From: RFH  Respond to of 18928
 
James, I know you directed this message to Tom, but I'll throw my two cents in anyway. The Buy/Sell spread looks a little too wide to me. This can be adjusted in a few different ways; by changing the buy and sell safe figures, my changing the minimum number of shares to trade, etc. I'm sure Tom can give you the details of this, but with this spread so huge, I think you will find AIMing with this stock a bit of a bore. If for example the stock is at 50/sh, a 10% change would bring you to 45 and 55. Do you agree, Tom, that this would be a more realistic spread for trading?

You might take a look at Tom's message to me in another thread, at:
Message 6164620

Sincerely,
RFH



To: jas244 who wrote (5995)10/27/1998 9:24:00 AM
From: OldAIMGuy  Respond to of 18928
 
Hi JP, Everything looks okay so far. The $0.04 is my commission on every trade you make! :-) Actually, it's probably some bit of peculiar rounding complements of Windows.

How does the $44 to $61 range look relative to the 52 week HI/LOW range for the stock price? If it's too big (doesn't look like it) then you can do a couple of things to reduce the range.

One suggestion is that if this account can be traded essentially at low commission expense, you might want to reduce the min. number of shares to 50 per trade. This will shrink the "Hold Zone" and probably create more trading opportunities during the year.

Congratulations on taking your first step in opening the Peterson International Equity Warehouse. You've hired a great manager with AIM. Right now my Idiot Wave is indicating that you are fully funded with Cash Reserve relative to market risk. So one of the first things you'll probably get to do is a "vealie" when the price hits the first SELL point. More on this later.

Hope this helps,
Tom