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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 (6089)11/3/1998 8:24:00 AM
From: JZGalt  Read Replies (2) | Respond to of 18928
 
Bruce wrote: The best news is that I'm now ahead for the year

I'm still struggling to get back to zero (only about 1% to go), but I was down 34% at the final dip in October. Amazing comeback.

----
Dave



To: Bruce A. Bowman who wrote (6089)11/3/1998 3:03:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bruce, Congratulations on the OMQP and EGRP trades. Nothing looks better on the AIM graphs than those little minus signs indicating a nice profitable sale!

I sometimes get caught in those "twice in one week" traps by entering the subsequent orders right away. When the cash reserves are as low as they've been recently, I don't mind so much. However, then I usually set a "pace" of entering my next gtc order only after a week has gone by. That has helped. Bernie sometimes waits two weeks or longer. There's a fine line between too often and missed opportunity, and it's hard to balance on it. That's why I let cash reserve dictate how quickly I'll place the next order.

Having a "business plan" for selling shares at specific price levels sure beats guessing when's the best time, however!!!

Best regards, Tom