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

To: Bernie Goldberg who wrote (7193)	4/5/1999 11:18:00 PM
From: Skipperr	Read Replies (2) \| Respond to of 18928

Hi Bernie, I have been at ProFunds for a while now and have used percentages to trade the whole time. I have not been using AIM to do this. I have just ordered and received the PCA software. Looking forward to implementing it with UOPIX. I have accounts at both Waterhouse and ProFunds. Waterhouse is good because it gives me the capability of margining my funds (haven't done that yet!) but it costs $25 commission each time I trade. With ProFunds - no commission. At ProFunds, because I trade a "group account" I must use percentages. I will just take the dollar amount specified in the software for buys and sells and divide that by the total updated balance (cash)and get the percentage from that. I think that's the way to do it...? Hope Tom gets back soon so he can clear this up ;-} I know this may be simplistic and crude, but this is the only way I can figure to do it. Waiting for Tom.... Additionally, for next year's taxes, I'm going to have to figure a way to best report the gains. I'll search the AIM Questions and Answers for that one - unless someone can give me a direct reference to how the taxes are calculated on the gains.... I guess you update on weekly basis, rather than daily. I'm just guessing that if you did it daily, you'd probably have your sell tonight! And, then you could really celebrate! <ggggggggg> Have a great one! Skipperr