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


To: Scott Moore who wrote (6574)1/8/1999 11:03:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 18928
 
Hi Scott, Both you and Dave have done quite well with these stocks. Dave's idea of using "vealies" in conjunction with sell/stop orders would be brilliant for these stocks.

Since the Fall lows, I've been feeding my VTSS AIM account a steady diet of "vealies" and actual sell orders. So far it generated 5 sells and 3 vealies. Even with reducing the risk by selling and raising cash, the account has doubled in value since the recent lows. Cash Reserve is at 36% as of this last Sell at $49-7/8. That's a Pile of Purchasing Power if we again need it.

For me, since I don't have any income other than what the market generates for me, the extra Cash Reserve spits out some extra $$$ in the way of interest. This lets me loosen my belt a notch.

Thanks for keeping us posted on your results. Maybe you should build a web page like RFH's for "show and tell!"

Best regards, Tom