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Re: extelecom post# 484

Saturday, 02/16/2002 1:12:43 PM

Saturday, February 16, 2002 1:12:43 PM

Post# of 48301
Hi ET, Actually there is no difference between a single stock AIM account and a portfolio AIM account. You can treat both the same way.

However my previous post did not touch upon the subject of when to get out of a stock. And that was on purpose smile
There are just to many personal flavors and different stocks to treat this subject in a general manner. In fact AIM does to a certain extend provide you with the algorithm to get out of a stock. But only for moves to the upside. AIM cannot help with non-movers or downside directions.

Here one would probably get into the realm of TA and FA to identify stocks that have no upside potential.

There is one exception, that is a single stock AIM, where the cash runs out, and AIM still generates a buy. In this case I think you should take a very hard look at the stock. Because AIM is in fact telling you: you were wrong with this one!. Better double check these stocks to see if you can really keep them around. In these cases ask somebody that does not have your kind of emotional attachment (to the stock) if you should stay the course. And remember: if in doubt, get out. (There are enough good stocks out there, if your's is'nt performing as expected, give it back and demand another smile)

Best,
Rien


Best,
Rien.

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