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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 (6483)12/24/1998 7:59:00 AM
From: JZGalt  Read Replies (2) | Respond to of 18928
 
So, yes it is a great idea, but I still let each stock's activity and the Idiot Wave override my emotional desires. I know, I'm just an old bore!! AIM and I are just a couple of machines!!

Thanks for considering the idea Tom. All I can say is you shouldn't screw around with success. I just tossed the idea out to be kicked around on the thread not to be critical of your methodology. Another reason I am dissecting AIM is that I want to feel fully comfortable with it before moving funds into it in the real world. Sometimes I overstudy things, but...

I do however think Jim's use of a stop loss at the original (VIP) would be worth something to consider for those who have a steady stream of income from outside of investing (I think they are called jobs!), but like I said in the previous message, I'm just thinking out loud.

----
Dave
[retired at 39, 6 years ago]



To: OldAIMGuy who wrote (6483)12/30/1998 7:47:00 PM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
Hi Tom-

"...So, I'm still in the learning phase of this whole thing. The stocks that will "suffer" this time aren't the ones that rose first. It's the ones that are still just approaching their selling points..."

Just thinking out loud: maybe there could be a consideration for rate of rise from the most recent buy so that if the increase exceeds a certain amount ($/wk), then you do a Vealie first, otherwise you stick to plain vanilla.

Bruce