A.I.M. Users Bulletin Board

[husk]

Let me enter a heretical thought as viewed by BTB'ers...Should buy/sell checks of your accounts be made on....not a monthly, not a bi-weekly time....not even on a weekly basis, but on a daily basis.

I have a position in a Rydex oil services fund...I updated all the data over the weekend as requested by Newport...I usually look on Thursdays to see if any buy or sell is triggered...Hearing that oil services was up today, I checked after the market close...sure enough, I "could" have sold a modest, but above $1K dollar amount at a 23% gain....since I have only held these shares for about 3 months, I would have been quite happy to see the ownership of those shares change hands.

What is unknowable is whether I will have that opportunity, perhaps at better prices tomorrow....if so, of course I will take it...but if oil should head downward tomorrow, even to the point of triggering buys...I will have missed an opportunity.

Don't those of you who only make trades at 1 month minimum intervals ever wonder whether you will miss an opportunity for some LIFO gains? (I need to say that this is a non-tax account).

Regards