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

To: LemonHead who wrote (6700)	1/26/1999 11:39:00 AM
From: OldAIMGuy	Respond to of 18928

Hi Keith, One of our AIMers uses a technique he calls "Half Way To The Wall" on stocks that are in a long term descent. Once he goes below a lower threshold of cash reserve and the AIM orders are getting BIG, he starts to limit his AIM orders to being only 1/2 of whatever cash is left. Then he waits for the next period and repeats the process. This prolongs the buying to an infinite level and lets him extend the time frame. Remember, it's most important to be very confident of the company's fundamentals before we do any serious downward buys. Every time you buy with AIM, you lower your next potential Sell Price. So, I'm not sure that the idea of containing or reducing the Portfolio Control value while you are buying is a productive strategy. It would lower your LIFO gain on the next series of Sells. I'd have to look at that to see what it would do. Best regards, Tom