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


To: OldAIMGuy who wrote (7284)4/17/1999 6:25:00 PM
From: Bernie Goldberg  Respond to of 18932
 
Hello again,
Even tho my experience with UOPIX has been as long as yours, I haven't found it as frustrating as you guys seem to. I had one buy signal when I held it at Waterhouse. I had a sell within 2 weeks after I had moved it to ProFunds and called them 45 minutes before the market closed and got the sale prety darn close to where it should have been. Now that I know about the ten minute deadline I should be able to get much closer.
Bernie



To: OldAIMGuy who wrote (7284)4/18/1999 8:44:00 AM
From: Larry Grzemkowski  Read Replies (2) | Respond to of 18932
 
Hi Tom

Thanks for the comment. Still trying to pick an island for our spring 2000 trip. Think we will go to Vegas in Aug. to think about it. Bernie also made a comment and I understand what he said about being able to call within 45 mins. of the close but I just can't take the time in my job to do that. It's not that I couldn't I just don't feel right about it because there are so many job related things to do. Anyway here is another problem I am having.

I am having a real problem with setting the buy and sell resistance because of how the buy and sell prices are also affected by minimum shares and dollars to trade. I find myself fiddling with all four variables and becoming totally confused. What I decided to do is to just set the buy and sell resistance at zero, min. shares to one and min. dollars to trade to 5% or 10% of my share value depending upon the value of the account. Which brings up a question about the 5% trading level. Should that be figured on the value of the stock in the account or the value of stock plus the cash reserve? Anyway my automatic Investment Management system isn't so automatic when I keep fiddling with the variables and being that I am a rookie at this I would appreciate any comments from any of the more experienced users. BTW I am using newport and most of my accounts are tax deferred except for one.

Thanks in advance for your input.

Larry G