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


To: JZGalt who wrote (7537)5/27/1999 4:44:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Dave, With all the chat-chat on CNBC about extending hours of trading, we should probably see what everyone here thinks:

- Do you think extended hours might increase the day's High/Low price range?

- Does the possibility of extended hours look as if it will be beneficial to you?

- In using minimum buy and sell orders in conjunction with AIM on "good 'til cancelled" basis, do you think extended hours will improve execution?

I have my own opinions, but would like to hear from others before I voice them.

Best regards, Tom



To: JZGalt who wrote (7537)5/27/1999 4:53:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Dave, Most of us AIMers are pretty conservative in our asset management, yet this isn't the case according to CNBC this PM. They are indicating that, especially with the internet stocks, there's been a rash of margin calls recently. Also, they say there's more to come. They even quoted SI as one source of info on such things.

A margin squeeze could be rough on those so financed, but might create an opportunity for cash rich AIMers. Any feel for a rational price on any of the high fliers? What's a rational price for a stock with great sales growth but no foreseeable earnings?? :-)

Just thinking out loud. Along with my motto "Buy from the Scared, Sell to the Greedy!", I was just thinking how scared some margined investors might be right about now.

Best regards, Tom