Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So what happened to the Amiga, I don't see a amiga 1000 in that list. Just did a search on Amiga, there are over one million web pages. http://www.alltheweb.com/search?cat=web&cs=utf-8&type=all&q=amiga
Well I hope so. I read (How to make a $1,000,000 ...) in 1980 I think. So I then found a copy of Lichello's earlier book super power investing which describes Synchrovest. Synchrovest should do better than dollar cost averaging. Here is a post by toofuzzy that describes Synchrovest. http://www.investorshub.com/boards/read_msg.asp?message_id=309558
I've heard lady's will do that when they are taken with a guy. I gather you have stock in walmart and SWB, so you can get back part of thouse checks.
There are no Patches at this time. Make sure you check the FAQ for instructions.
Hi Charles, Yes this board should be able to help you out, it may take a little while, but we will make sure you get there.
This is the main AIM web site. http://www.aim-users.com/ It is run by Tom Veale. It is hugh, and he has links to most of the other sites.
Here is a quick explanation of AIM, http://www.aim-users.com/aimbrief.htm .
While I think you should have Robert Lichello's book,you can go here, http://www.jjjinvesting.com/ , and about 3/4th of the way down the page you can send a email and get a free book and simple news letter.
If you have excel you can get a free spread sheet here. http://www.aim-users.com/aimware.htm
would think that I would need to sell during the 0-90 rise, and then hold the $ cash until 270 - and buy stock during the rise from 270 - 360.
In other words, I think there needs to be some asymmetry in AIM, but what I generally read is how AIM has you buy low and sell high.
You have most of it here, Aim is Asymmetrical, Aim buy's and sell's in steps. Aim will sell, starting around 15 degrees, and the closer it gets to 90 degrees, the larger the sell's become. Once you go past 110 degrees you start buying, the buy's start small and get larger the closer you get to 270 degrees, and once you get around 285 you start selling, the sell's get larger the closer you get to 90 degrees. That's it in a nutshell. Will catch you tomorrow.
So that is WOW, wish I had know about it when I drove a truck.
Yes, you read right. When I was young, and in the navy I was on submarines and would be out of contact for three months at a time. When I got out of the navy I became a truck driver. At that time, my plans had been to save my money and invest in a used truck, and hopeful add more trucks as time went on. How ever fate stepped in and I came down with Psoriasis, which caused Arthritis that was bad enough that I could no longer drive a tractor trailer. That happened in Aug of 1996. The company that I worked for did not offer disablty insurance, so by feb of 1998 when I first got my social security disablity check. My nest egg was gone, the VA was forced by law to forclose on my house and I was close to $6000 in debt on credit cards. I now have a trailer house that cost $4,500 with a lot rent of $200, and I have worked the debt down to around $3,000. I hope to have the debt down to zero in about two years. At that time I plan to start investing between $50 and $100 a month into the stock market.
Just fwiw I made 43 buys and 43 sells today so I'm flat at the close for overnight. I usually trade the after hours session too but not tonight. I'm unwinding!
Offhand I would say that makes you a day trader.
yes and when I put it in my message to you. and posted it it got cleaned up. I had to go back and edit the message so you could see it.
Yes I have posted there, I like the idea of Re-balancing, especially in the case of Deep Diving stocks.
Sure I Dollar cost average into Funds is that the same thing as systematic investing.
Yes DCA is one form of systematic investing.
Before I get started on the types of systematic investing, let me clear the deck here. I have never invested in stock, or funds, so anything I say should be considered with a grain of salt. I hope to start investing about $50 a month in two years though. I have been reviewing diferent types of Formula plans that involve investing monthly. I have posted what I think are the pro's and con's for each formula plan. I also have some free spread sheets on each plan. The spread sheets are for simulations only, however if you want to modify them for investing feel free to do so.
Note the vcagainloss spread sheet is not true to the book Value Averaging. Also I have posted two spread sheets from the book, the only thing I did to them was change them from 123 format to excel format. They may be covered by the books copyright, so if someone say's that I have to remove them I will.
Yes I knew he meant that board. Normally I just right click on a link and use copy shortcut, or I have the web page in a separate window and copy the address. So I was not sure how the < /u> got there. It may be that he used his left mouse key to highlight a link and then copied it. Thanks for looking.
Say matt or bob could you look at this message, http://www.investorshub.com/boards/read_msg.asp?message_id=382171 , Irwin posted a link to one of the other boards. when I click on the link, I am getting a error. When I click on the link I go here, http://www.investorshub.com/boards/board.asp?board_id=1140< /u> . For some reason (< /u>) is being tacked on the end, where it should not be. I had to put a space in the < /u> to get it to show up.
Hi Keith, I was thinking that you had already invested in XM. I knew you were interested in the stock. You said when traveling east-west the signal drops out. This is probably due to a building getting in the way. The satellite signal is line of sight. I am thinking that I heard somewhere that when these two companies got there fcc licence they had to agree to support the other company's radio receivers if the other company should go out of business. Do you know anything on that? Is that BS that I heard/read somewhere?
Hi Irwin, glad to have you here, I knew of that site, before but have not used it. I lost it when I was forced to reformat my hard drive.
Curious, what are your risk tolerances? Say you buy a stock at $10, how many percentage points do you let it drop before you pull out of the stock?
Do you know of the stock systems of Robert Lichello, and what do you think on them?
I talk mostly about systematic investment here ( where you add new money each month, or period), but I am not against talking on other systems.
You can describe your system if you like.
I just caught up to the end of board. I guess I won't be answering Irwin's questions for a while. It is not that the question were bad, more in the way he asked them. I hope the way I answered them helped the board.
Hi Irwin, I hope you don't take this the wrong way, but I think this is the wrong type of stock system for you. As far as I know all the stock systems on Investshub are based on contrary thinking and some type of averaging down Idea. All these systems can have hugh max draw down's, up to 100% of all money invested. This would happen if a stock goes to zero.
Note: max draw downs can be limited with the use of a GTC stop loss, how ever you run the risk of the stock price going down and hitting the stop loss, and then turning around and leaving you behind with the loss.
Here are two books that may be more to your liking. (Wall Street: the other Las Vegas by Nicolas Darvas) and (How to Make Money in Stocks by William J. O'neil) Both these books are for momentum stocks. Both limit risk with the use of a stop loss.
You may also want to read (Online Investing by Jon D. Markman) he tells you how to use the stock screener over at http://moneycentral.msn.com/articles/common/finderpro.asp to find momentum stocks. If you can find it you want to read the 2ed edition. Note: His system does not work very well in bear markets.
Let's talk about the cost of the program for a second. The cost is well below the cost of most stock systems on the net. I remember the last stock system I saw on TV, they showed a pretty program with red and green lights. If it was green you buy, if red you sell (sorry I can't remember the name), I went to the web site they wanted around $2000 for the system, and you could go to the seminar for another $2000 and they would hold your hand while you used it. After I read that I lost all interest in their system.
PS: Plug for my own message board. If you have been, or are putting money in to a IRA or a 401k you may be interested in my message board at http://www.investorshub.com/boards/board.asp?board_id=966 I talk about different ways to systematicly invest
Thank you Irwin, I have added it to my list of stock sites.
Hi Karw,
Here was my viewpoint on it. You have several stocks that have become Deep Divers, that even though they have dropped down in price to a new level, they are still, giving you good price movement. Just they are at too low a price level for normal AIM to react to them.
Now one of the first things you have to do is research the stocks all over again. You have to find out why the price dropped, and whether the company will survive. If you can convince yourself that the company will survive. Then if you don't want to wait for the stock to recover. You need to do something, so that you can get back to buying and selling.
If you continue to use normal aim you must ether reduce portfolio control, or add enough new cash so that aim can buy more shares. If you lower the portfolio control, and the stock starts to recover you will start to sell shares at to low a price. If you add more cash to the stock, you may end up having to much cash in one stock, you are defeating your risk management.
Note I have not done any spread sheets to support this, I am simply working with logic here.
With AIM RE-BAL, you are not adding any more new cash, so you are not increasing you risk. Your portfolio control stays the same, which means if one or both of the stocks starts to recover you will not start to sell too soon.
Now, the odds are high that your two stocks will not go up and down at the same time, (if they are I recommend selling one, and buying a stock in a different sector). As you re-balance them (I recommend you use a percentage, not at a set time) your portfolio value should start to rise, portfolio control stays the same ( you are not doing a AIM buy, no cash). After a while, could be a long while, portfolio value will get high enough, to get a AIM sell.
Here is one stock that is a Deep Diver that I think will survive, even though it is in bankruptcy, ACK. This stock went from $80 to a low around $1, then back to $4, and is now bouncing around $2.50 or so. It may take this stock over ten years to get out of bankruptcy though, they have a very large legal debt that they have to pay. If you got in this stock at $80 you probably would run out of cash around $40-$35 range. By re-balancing you should get decent buy sell action.
Note I am not saying buy this stock! It is high risk! Now that it is in bankruptcy, information is hard to come by, and no one is following it, you would be on your own here!
But if someone wanted to test my idea, I think it would make a good test candidate. Some of the other stocks that are covered by the Asbestos class action suit, may be good candidates to. Almost all of them have declared bankruptcy.
Say Keith, your favorite stock XM just got stepped on. http://www.pcmag.com/article/0,2997,s=1500&a=27904,00.asp
Irwin you said:
lostcowboy let me ask that question another way the correct context of that question was in regard to how does X_DEV
Control Risk when you are fully invested like the QQQ are now.
In my opinion X_DEV does not have any kind of risk control management at this time, other than the way it averages in to a position. I think that everyone should have risk control as part of their investments, most of the time investments run in channels, could be horizontal, up, or, down, it could be narrow, or deep. X_DEV is for when you are in a channel,If a stock breaks out of a channel you may want to ether stay with a stock, or sell out. Ether way you would not go back to using X_DEV until you thought the stock was in a new channel.
So does X_DEV sell at a loss or do you just turn into a buy and holder with a deep diver?
X_DEV will sell at a loss, this will free money up for new buying opportunities. As X_DEV does short term buys and sells at the new lower channel, you should see your average cost continue's to be lowered, and your profit loss become less and less.
For X_DEV to be a SYSTEM IMHO and not just another indicator like bollinger bands you need a buy rule,a position size rule, a sell at a gain and a sell at a loss rule to manage risk.
It appears that X_DEV has all but the sell at a loss rule.
Note: Bollinger Bands were/is a system at one time, when did it just change to a indicator. I think you should look at recommendations that X_DEV gives as just recommendations.
Hi Irwin, I am glad to see that you are doing your own studys. Alas, I could not see the results. I got a error 500 internel server error. This could be because testsystem is a temporary file or because I am not a member of the site, or the site stores data in a cookie on your computer. if you want you could try to copy and past it to a message. if the data is in a table you need to use the commands [ pre ] data [ /pre ], not do not put any spaces in the [ ]. if the data is in a chart you use use the url, but you don't use http:// . The command is [ chart ], url again no spaces.
Note: some web sites do not let you pull seperete jpg's gif's from their servers. what you have to do then is copy the picture to a server that will let you.
Hi Irwin, you wrote:
So my question to MYST was so what is that price that X_DEV would sell at a price lower than a buy price for the QQQ?
Which is what he said X_DEV does in the above paragraph so why does everyone think I'm giving MYST a hard time if such a simple question gets you guys so upset.
What will happen when the questions get tough.
You may not realize it but this is one of the hard question. I cannot give a exact number, I doubt if anyone else can ether. I will try to answer you in general terms. Lets say the MA is at $10 the stock drops to $8 fast enough that X-div gives you a buy signal. The stock continues down slowly, so slowly that X-div doesn't give you another buy signal, the price is now at $4 a share. The stock stays at $4 for the next 12 days, the MA is now $4. Now if the stock increases in price fast enough, X_DEV will give you a sell.
Well done Penn!
Keith, liked your post so much that I added it to my favorites.
Irwin, why do you think Myst has not back tested his system? Have you been to his web site and seen all the charts on all the stocks? Some charts made a profit and some charts did not, but I belive all beat buy and hold. Myst put all the stock prices in by hand. He gave you a spread sheet so YOU can put in more data if you want to. I sugest you go back ten years (two normal stock market cycles). Oh I forgot the stock market has not been normal for the last ten years, you may want to go back twenty years! Well if you are going to put it all in by hand it will take you a while.
Let me be frank, It sounds like you want Myst to do all the work for you. If he did that, would you trust it or say that the data must be fake?
Here is my take on it, if I am going to shell out money for a program, I want a spread sheet, that I can see the formula used, and where I can put in my own data. If I can't do that I an't going to buy it.
A system should have a entry rule position size rule and sell with a gain and sell with a loss rule
This is more true for day trading systems. X_DEV is closer to swing trading, or AIM.
Deep Diver, what is it? Deep Diver is a term from the AIM boards it means a stock that has dropped in price so much that all your cash is now invested in the stock, also the price is staying below the sell point. This means that the AIM system can not work the stock, it has become inactive. If you have been to the AIM RE-BAL board you will see that it can handle Deep Divers.
I also believe that X_DEV can also handle Deep Divers, if one is willing to give it the time needed.
Subject Deep divers: A deep diver is a stock that has dropped in price enough that the AIM program has used up all its cash on the stock, and the stock is staying outside the sell point. There has long been a discusion on just what one should do with them.
Should you sell them and take a loss. and restart a Aim program in the stock?
Should you adjust Portfolio control, so that AIM starts to buy and sell again?
Should you take the stock and start using X-DEV on it?
All these are good questions,I think that if I had two or more deep divers I would use aim Re-Bal on them. I would simply add the two Portfolio Controls together, and go on from there. What you should see is, as you re-bal the stocks the aim sell price point should start to decreace, until normal AIM buy, sells start to take place. At this point you should be able to go back to aiming each stock by its self if you want to.
Jibe, While re-Bal is a old technique, the way it is being used here, is new to AIM. I do not believe that any software is curently using it. This method is to new yet. First will come pencil and paper , then testig spread sheets. If that looks good then will come spread sheets/programs for investers to use.
Aptus(Mark) who gave you the link to AI, has alway's had a high interest in new idea's. How ever he will not put a idea in his programs unless he thinks they will work, and he has tested them in all types of markets.
So you ether have to wait or become a tweaker, you can tweak using pencil and paper or make your own spread sheet. Your pick, I use both myself.
Note: while I have been following the board, I have not done any tweaking myself, so I cannot give you a spread sheet. but there may be someone on the board who can.
Hi machanicalMethod, There likely are manual pots on the in side of the monitor, However I do not recommend going inside unless you are used to working around high voltage (around 10,000 volts. These are the rough alinment pots, If you decide to adjust them you realy need the test equpment and a alinment manual. The buttons do not move pots, what they do is select diffrent resisters on a voltage divider, which is built into a chip.
What I think happened was that when you changed the screen size you knocked some dirt off of the pins of the relay that control screen size.
Note: If one of your buttons is a degauss funtion that may have helped.
Glad to see you got it working!
Scrooge, I would think you could take it to a tv/computer repair shop. It sounds like it just needs to be readjusted. You can proberly get it done for $50. However this is a very good excuse to get a new 19" monitor.
Hi Irwin, here is a nice charting software for free, the data is 15 min delayed. http://www.fongan.com/MT/
Hi Don, I still have to reinstall office 97.
Magic, first the problem is not on your computer(I don't think anyway). I think the problem is with that thing you downloaded. It may have been programed before IE6. IE6 does a lot of things differently. I would let city bank know that the button only works on they're site, let them know that you are getting script errors when you hit the button at other sites! If you can give them the errors it will help them to fix it. Also, if you don't want that popup box( that says do you want to debug it) you can turn it off in tools/internet options. click on advance, under browsing, enable (disable script debugging)
Hi all, I posted the new Twinvest spreadsheet, the other day. Then my hard disk died, ether a bad cluster, or a virus. I had to use fdisk, and then format it. It took about 6 hours as the file of bad clusters had disappeared,so format had to test every cluster. What a pain.
I posted the spreadsheet to http://www.geocities.com/lostcowboy5/Spreadsheets/ . So far I have not had any problem getting spread sheets from the site. I have heared that if you do, you can right click on a link and use save target as, to save it.
It may work better on the dogs of the Dow investment method.
Tom,so glad you got a copy, you may want to keep it in a bank deposit box, as they are getting rare.
Hi Fuzzy, sounds like you need some fuzzy logic. lol I think I would set up a percentage around your buy goal, if the price gets in that range take the buy. $29 with a +-10% range would be from $31.9 to 26.1. For buy's you would use only the +10%, and for sell's only the -10%. Hope that helps.
Hi 2mc,
You said The crucial calculation is the true average cost which is based on LIFO. Do you mean something like this? (Don Carson asked me) This is part of my reply to him.
(Maybe, got to learn more about it. This may be what he is doing
Stock Monthly Shares Total Total Average
Price installment Buy/sell Cost Shares Cost
$25 $100 4 $100 4 $25
$10 $100 10 $200 14 $14.3
$ 5 $100 20 $300 34 $8.8
Stock Monthly Shares Total Total Average
Price installment Buy/sell Cost Shares Cost
$25 $100 4 $100 4 $25
$10 $100 10 $200 14 $14.3
$ 5 $30 6 $230 20 $11.5
Hi tom found Elaine Garzarelli web site http://www.garzarelli.com/ For a mere $295 a year you can have the inside track.
UOPIX and related funds are very dangerous, they are set up to be day traded. Not only that They do both stock splits and reverse splits to stay with in price ranges. I checked both UOPIX and USPIX with http://moneycentral.msn.com/investor/charts/charting.asp?Funds=1 ,under the chart function, select Investment growth.
Both funds have lost in excess of 70% of any money invested when the funds opened. While you would normally think that when one fund does bad the other fund would do good this does not happen very often.
Troy, DO NOT TRY TO COPY ANYTHING ELSE TO YOUR SERVER HARD DISK 1!!!!!!! Every time you do you lose more data. HD1 will have to go to a data recovery business now!
Step one disconnect the first computer from the network, If you don't it will try to re-infect the network!
Step two, I believe you said that hd2 was a mirror of hd1 it should be 90% up to date.
Step three, you need at least one new hard drive, maybe two. One for the new mirror drive, and one for drive three.
Drive three may not have data on it due to software glitch, or a hard drive defect.
Step four run anti virus software with latest updates on all your computers and the server.
Note anti virus software should be running on all computers and servers all the time. It should be updated at least once a week. Windows update site should be checked for security patches every week. They have had some very important updates to internet explorer recently, and I believe to your server also!! Just this week!
Here is what I believe happened, The virus attacked the boot file on both the first computer and the network server HD1, it then went on to delete every file on the network server, and maybe the first computer. It probably tried to plant it self on all other computers connected to the network, that way it can attack you again when you get the system up and running again.
If the virus used the dos(windows) delete command there is a good chance you can have the data recovered by a data recovery company. Now that you have copied new data from hd3 on top of data already on hd1 your chances of recovery are much lower than before, but you still have a chance.
Note you may want to remove the delete command, or rename it.
Wish I could give you better news.
Joe, found this using a internet search.
http://www.hpl.hp.com/techreports/2001/HPL-2001-206.pdf
Here is the search.
http://www.alltheweb.com/search?cat=web&cs=utf-8&type=all&q=I-Cluster