A.I.M. Users Bulletin Board

[SFSecurity]

Hi Tom, Yep, Good til Cancelled orders fit the AIM bill to a T. That is what Automatic Investment Management is all about. The hard part is transitioning from what was to what needs to be is subject to all the frailties of the human spirit and anxiety of second guessing yourself, "Did I make the right choice?".

The WHX that Toofuzzy was concerned about was one where I used a price a bit lower than AIM told me to buy at and, as I have learned elsewhere, the price dipped about 10:30 EST and I got my fill. The neat bit about it, not planned but serendipitous luck, it was a few days before ex-dividend day and so I will collect almost 15% of my costs before the 1st of December.

The way I selected the buy price was to look at a chart to see what types of moves it had made in the past and how low it would typically go. I selected a price a bit above the low to see if it would execute, not really caring all that much because I was primarily interested in it as a single place to hold money for the AIM portfolio that would actually pay a bit of a dividend. It turns out that while it does earn money it is too volatile to make a good vault. AWF turns out to be a better choice. So, as AIM gives me a sell signal for WHX I'll put the money into AWF unless I can find a fund with even less volatility that still pays something reasonable. Even 3 or 4 percent would do if the volatility is low enough.

The value today has dipped below where I bought it at but that is typical as the "quants" often buy to harvest dividends and drive the price up only to have it fall the day after. Then it climbs back over the next month or so until the run up prior to the next ex-dividend day.

Warmest Regards,

Allen