CIO, SignalPoint Asset Management, 2008 to 2024, Retired
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Hi Kat, I am glad to see a G&K thread here on IH. There has always been potential for "cross fertilization" between this and the AIM thread.
Best regards, Tom
Hi Bob, That was the very first night. In my haste I went to TMF and asked everyone to come over here and take a test drive. Well, that was before I found out I couldn't yet post!!!
All's well and we're now up to 45 posts in just over 48 hours (with the first 12 or so being a wash while gremlins ran amuck!).
That's a good start. I'll see if I can coax more of our usual folks into coming over here.
Thanks again for all the help,
Tom
Hi ExRay,
The briefest commentary on AIM would be at:
http://www.aim-users.com/aimbrief.htm
There you'll see the basics. Mr. Lichello's book is about 250 pages long to give it some mass for proping up broken table legs, etc. However, the basics are in his Chapter 6 of the book. That much will give you enough to understand what's going on.
AIM works to create a proportional buy/sell device. The larger the price deviation from the control point, the larger the order size will be. So, if we have a stock that initially cost us $10/share, and it rises to $13, it will sell a nominal amount of the holding. However, if it were to rise to $20/share it would sell nearly half the holding.
The same holds true on the Buy side. A drop to $7.50 would initiate a small buy, but a drop to $5 would create a very large buy order.
Please feel free to ask questions as you go along. If you are handy with Excel, there's a freebie AIM template at:
http://www.aim-users.com/aimware.htm
that you can use to familiarize yourself with how AIM works.
Best regards, Tom
Hi Rien, Thanks, I didn't see where to set them up before. I'll have to review some of my existing holdings to see if I can devine something from these new Tea leaves!
Best regards, Tom
Hi Rien, I believe Robert Gammon still can make duplicates of the AIM 2000 and 2001 Meeting tapes. Many of these more pragmatic things were discussed in those meetings along with some more isoteric accounting stuff.
I'll make sure to get RG over here for some posting. Maybe you could order the tapes from him still. There's even a Musical Interlude performed by Barry Savage (labestul, over on SI)!
Best regards, Tom
Hi Sara, Yes, that cartoon does well with the old joke about there not being any
One Handed Economists -
because they wouldn't be able to say.....
On the other hand....
Thanks again,
TV
Hi XT, Thanks for stopping by for a test drive. Looks like Ihub(Bob) has been doing his homework.
Best regards, Tom
Hi Jonathan, Where on the graph page from Stockcharts.com do you set the Zigzag. I found a variety of TA indicators, but haven't found the Z's; does it come under another name?
Thanks,
Tom
Hi Rien,
I set the size of the HOLD Zone somewhat in a way like you are describing. If you look at this graph, on the far right hand side is a yellow (at least on my screen) bracket that indicates the Hold Zone's size.
If that bracket looks way too big for the usual historical trade range of the stock, I'll sometimes, after a few frustrations of not achieving a trade, go in and modify the SAFE to reduce the size of the range.
In general, I want the Next Buy and Next Sell prices to be within the limits of the previous 52 week highs and lows. That way I'm almost assured of getting a trade or two in a year's time if not more often.
Hope this helps,
Tom
Hi Rien, I think I could set up an "AIM Users Info Page" or some such for special links. It would help to enrich our activities and also for us to archive important posts. (maybe similar to the Q&A page I did on SI)
I'll see if I can create one.
Best regards, Tom
Hi Grabber, BTW, who's the Grab-ee?
TV
Hi Bob,
"Do you have PERL?"
Just my pearly whites!
TV
Hi Bob, Thanks for all the help. Looks like we're off to a good start. BTW, I think the imbedded graphic feature is pretty neat. Saves on all that extra "clicking."
Best regards, Tom
Hi Sara, Thanks! Now that's Cool! I put it in the opening comments so people can see the latest chart when they come here without having to link to my site.
Very nice feature!
I appreciate the help.
Best regards, Tom
Hi Rich, Yea, I saw some images imbedded in some of the messages here on Ihub and thought I could get it to work. I looked at the HTML coding and it's nothing fancy, so don't know why it didn't work. I'll have to as IH Bob.
Best regards, Tom
<img src=http://www.aim-users.com/iw.gif>
This is a test to see if the graph comes in on the AIM pages.
TV
Hi Greg, Good to find another Ayn Rand reader here as well. Thanks for the tip on the format. I see it now at the bottom of this "compose" page. Sorry, I didn't notice it before. Tunnel vision, I suppose.
As nearly a 10 year unpaid "internet teacher" I have run into many other investors that have been Rand readers. Funny about that! My daughter tells me she now sees Atlas Shrugged being read by college age students. Well, maybe it's about time!
Thanks for the note.
Best regards, Tom
Hi TK, Sure, that's fine with me. It would be less confusing too when we're hopping around! I'm glad to see that the posting works. Thanks for giving it a try.
I just edited my Profile. It works just about the same as on SI.
Best regards, Tom
Hi Again Matt, One of the TMF AIMers said a feature they really like on the TMF boards has to do with "recommendations."
I've not used the feature, so don't know much about it. I'll see if I can get a description.
Here's what one of the TMF folks said about the AIM site. There still appears to be something inhibiting posting even though it's in the "free zone."
I tried to setup a new free id today. Got the id, but could not post to the AIM board -- error message said I needed a paid membership to post. When I registered my id, I got the impression that it might take a day or so for it to be fully setup -- I will try to post again tomorrow to see if it works then.
Thanks for all the help getting set up. Hope we can shake some folks loose from old habits.
Best regards, Tom
Hi Matt, The AIMers had been looking at TMF as a possible rescue site if SI pooped out. It wasn't a bad place and there were plenty of frustrated AIMers there who didn't want to pay SI to post.
So, when the news was released about a fee for posting there it made the decision to continue looking all the easier.
I will have to find a site I like for looking at quotes and graphs to replace the ones that SI had. When they worked, they did what I needed. Something happened to the LT graphs at SI about two weeks ago. when one brings up a three year (or longer) graph it will show the correct trade volume only for the last few months. Prior to that it's just miniscule volume shown.
Anyone else notice?
Best regards, Tom
For those of you new to the AIM BB, weekly I upload a newsletter and commentary to my site.
http://www.aim-users.com/3bbs.htm
It is a freebie, so expect what you pay for! Actually, if I have trade activity during the previous week, I usually comment on that and give the data and a graph of what I call the Idiot Wave.
The Idiot Wave (IW) acts as a barometer for the market. Four components combine to give us a sense of what the risks are in the market. AIM is a risk modifier for investors and the IW is a way of judging risk.
The newsletter has been archived at the site all the way back to 1997 for those of you with severe insomnia. I also have data on the Idiot Wave in special .txt files that can be imported into a spreadsheet. I need to update them for the last year's data and make some other changes, so don't hurry to use the data yet.
The IW called out the very high risk profile of the 2000 Bubble with plenty of warning for those willing to pay attention. It then waited until AFTER the attacks on the WTC and Pentagon before finally giving a Low Risk signal. 18 months from the peak of its risk warning to when it finally gave us the green light seemed like a very long time. Looking back, it was the proper call, however.
Right after the 1st of this new year the IW went back into the High Risk area. This week, it finally let up and has dropped nicely back into the mid-average risk arena. So, maybe the worst of the January correction is over. Maybe the market really was over-extended a bit. Maybe now it can get back on track and start to build from this base.
Best regards, Tom
Hey TLC, Good to see you here.
TV
Thank you, Bob, for the warm welcome and the effort on your behalf for get my membership through so I could post. It was a bit of a surprise that I could create a topic and not Post to it! <g> Now all is well.
I've asked the TMF folks to come over for a Look-See. Hope we'll see some posting activity here later.
Short of creating an HTML document and copying in all the previous posts, is there any graceful way to salvage content from the SI site?
Best regards, Tom
Good Morning Matt, Yes, it's the same Tom Veale. I thought maybe the SI Group and the newly active Motley Fool group of AIMers might want to move over here. So, we're taking IHub for a Test Drive.
I sent Bob a message yesterday after sending in my PayPal subscription. He explained that it takes a while to get the registration upgraded at this point, but that it will automate in the near future. Thanks to both of you for the quick service. Nice to know there's someone on the other end!
The AIM users logged nearly 18,000 posts on SI since 1997 and almost all of it without a single serious flame or bash session. That makes the AIMers a laid-back group of increasingly astute investors. Generally we're long term investors that can't help but fiddle with the investments we have! Not Buy&Hold by any means, but not ST Traders either.
As recently as December, I started looking at alternative sites for the BB. We'd been on Prodigy from 1993 to 1997 and moved once before. I was starting to get a lot of email complaining about the cost and also the hassle of trying to get registered on SI. It looked like it was time to find a new camp for the AIMers.
In Dec. we started some posting over on Motley Fool. It was a free service and I thought that, even though the interface was somewhat antique, it served to offer the no-paying SI readers a place to voice their thoughts. Well, a month later the BB had gone from 70 posts to about 600. I guess there are a lot of frustrated wanabe posters out there.
Well, I hope we can bring in some of the folks from the other services and keep the quality and entertainment value as high as it's been in the past. IH(Bob) sent me several PMs indicating that there's several options open to us.
Thanks for hosting the new site and especially hosting a page for the AIM Users.
Best regards, Tom