Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LemonHead who wrote (7086)	3/15/1999 10:29:00 AM
From: OldAIMGuy	Respond to of 18928

Hi Keith, I'll have to think about just what sort of marker should be used for that point when we don't follow AIM's advice! Maybe a Donkey??? Yes, Several here have learned that AIM's "pump the brakes" feature with a falling stock sometimes gets us ahead of ourselves. It pays to let the dust settle a bit between buys. A sharp drop will trigger an AIM buy and just as soon as you enter it in the program, it turns around and says "Buy another 100 shares!!" Well, it should At Least be delayed until the following week in most cases, as usually we'll get a better price. If it turns and rises again, Don't worry, be happy!" At least you made the first buy. For those who fiddle with a reduced SAFE value on the buy side, this is especially true. Since each of our buys jacks the Portfolio Control up another notch, it also makes it that much easier to buy again. Reduced SAFE is another way to rapidly deplete cash reserves if purchases are crowded together. Hope this helps more than it hurts. Just when you thought that AIM was going to take all the thinking out of your investing, we've complicated life with all sorts of variables. When in doubt, drop back to Mr. Lichello's basics and punt! Best regards, Tom PS: Three days running on the Hot Subjects list, Congratulations!

To: LemonHead who wrote (7086)	3/15/1999 11:11:00 AM
From: The Philosopher	Read Replies (2) \| Respond to of 18928

Ok, I'll bite. For the newbies on the thread, WHAT is the Vealie idea? I think it's something other than correlating the price of veal with AIM principles, isn't it??

To: LemonHead who wrote (7086)	3/15/1999 6:58:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi Everyone, I took some time this afternoon to update the Idiot Wave graphs for for your review. I couldn't exactly remember how the heck I did the NASDAQ Composite one, but that's okay! Here's the address: execpc.com Best regards, Tom

To: LemonHead who wrote (7086)	3/16/1999 12:57:00 AM
From: RFH	Read Replies (1) \| Respond to of 18928

Keith, I'm so glad you are enjoying this whole AIM experience. Personally, I've never had so much fun in investing since I hooked up with this bunch a long time ago on the Prodigy network. As far as buying and selling, I have to admit that I have a lot to learn myself! The spreadsheets on my web site speak for themselves, but I'm sure many seasoned AIMers find a whole lot of fault with them. I probably set my minimums too low, and I probably trade too much. But I love the action, having my roots in commodities where daily ins and outs were more common. It's pretty slow when using stocks, and even slower when using mutual funds. Time seems to stand still in comparison. I also have to admit that I'm more inclined to sell than buy, always trying to grab a profit here and there. When a stock gets into a slump for a prolonged period, I will restrict my buying to every other week, and when it really gets nasty, I'll go once a month. FSESX is an example of the latter. I guess it's my personal decision, and who knows. It may lead to my demise eventually. I just had ANOTHER sell in Wendy's today, and lately it seems that I've been selling this one every other week. I haven't done a Vealie yet! I need some quality time on a couch with Tom!! Sincerely, RFH