InvestorsHub Logo
Followers 5
Posts 1674
Boards Moderated 0
Alias Born 11/29/2002

Re: None

Saturday, 11/22/2003 4:58:58 PM

Saturday, November 22, 2003 4:58:58 PM

Post# of 47133
RYTNX and UOPIX,

I see Tom where you ran out of cash too with UOPIX a few years ago. After changing the buy/sell %'s so many times I just stuck with a 10% buy safe and a 0% sell safe,, that allows for plenty of action which helps get AIM in the position to return that 7% on a -65% drop. Starting at 10/90 will be difficult and slow but after this bear market its a necessity with a fund like this. 20/80 would be a aggressive approach and maybe even 25/75, but only after a nice drop off of recent highs would I consider that. I see where you used vealies and they hurt you with UOPIX, I could actually see using a anti-vealie and re-postioning my account out of some stock after a huge run up,, AIM will do that itself but a few extra percent kick over to cash may not be a bad idea,,, say an extra 1 or 2% on the sell side once the 4th or 5th sell in a row was generated,, Firebird

Join the InvestorsHub Community

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.