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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (1946)	11/3/1998 11:24:00 PM
From: Lars	Respond to of 15132

Justa, >>> If everything was to stay as it is now (unlikely) I'd start at 18, knowing I might still be buying at 12, mid 99, so I'd be looking at 4,000 shares at 18, 4000 at 16, 4000 at 14, and then 4,000 plus at twelve... all subject to macro- market change. >>> Interesting. I bet all this money looks great in the MM account. AMAT @ 12. Now that is way too low even for a correction at this point. I hope someone changed their mind and at least purchased some shares around 20. Instead of 4,4 and 4 I would have done 6 to 8 purchases to avoid being left out (at every 1.5 pts lower if I had this amount of investment capital available). Maybe then I would have at least made some money on the recent rally. I know this multiple purchase approach with a flexible plan has worked well for me over and over. Who knows?