A.I.M. Users Bulletin Board

[OldAIMGuy]

Hi Allen, Alarm Application.....................

Here's a nice little app that I use for alarms, etc:

NetStock

It's quite reliable and is handy when setting up buy and sell alarms.

I don't have any idea how one would attempt to use GTC orders with Ocroft's methods. One of the beauties of AIM is that we can set up GTC orders and then go golfing or gardening or whatever we like. The GTC orders will take care of themselves. Having to monitor all one's tickers all day long every day isn't very much fun.

I also use Williams % R as a confirmation of what AIM is suggesting for market orders. It's available as part of the graphics at StockCharts.com. I use it with Weekly data rather than Daily. Here's an example:


(note that the x-axis is 3 years above and 3.25 years below, so the early AIM buying shown below isn't indicated on the Stockcharts graph)

...........and here is how my own trading occurred:


Note that earlier this year AIM was suggesting a market order to Buy more shares of PTH and, as confirmation, W%R was also suggesting it might be a good time to be adding shares.

I always set these charts up for Weekly. The Accumulation/Distribution portion also can be helpful. If everyone is selling (distribution) that's usually when AIM gets interested in buying.