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


To: RFH who wrote (6718)1/28/1999 4:56:00 AM
From: Bernie Goldberg  Read Replies (2) | Respond to of 18928
 
Hi,
I don't want to jump in where I'm not invited, but it seems to me that you are doing too much trading in this account. I think you might be better off setting your minimum trade a little higher. Mr. L. recommends a minimum of $500 with a $10,000 portfolio. Just my opinion.
Bernie



To: RFH who wrote (6718)1/28/1999 5:11:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi RFH, Such terrible problems to have! I guess I'd say that AIM has done quite well by you so far and maybe you should just stick to the plan!!

Even with all that selling, you're still showing about 80% more shares than when you started and the price is now at the high end of its recent range! That'll cure a common cold faster than chewing gum!!

Seriously, as best I can tell, you are doing fine. You're selling about 5% of the equity position with each sale and as long as you're not stacking up too many orders in the same week, I don't see much wrong. Somewhere on the way to $35/share you'll start to do "vealies" and that will help conserve your equity position.

Best regards, Tom