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Re: lifo post# 31594

Sunday, 03/28/2010 2:58:07 PM

Sunday, March 28, 2010 2:58:07 PM

Post# of 47133
Hi Jack
I just plot the stock by hand and BTB. I use those figures to make a buy entry point. I will give you a short example of the way I use AIM.
I just actually purchased FNLC at $14.74.
Now, in my equity warehouse, I only purchase and include A+ rated Standard & Poor's stocks.
Before I made a buy entry in FNLC, I went back to its high price of $21.70. Hand plotted its monthly closing price BTB from that point and got in at $14.74 when its PC stopped rising.
I also used a 70/30% allocation because this amount was created by the BTB monthly action buy figures.
The thing that i am trying to convey to my fellow AIM users is
that a buy entry should only be made when the PC has stopped rising.

A short explanation about how I use the sell side.
At some point when the AIM figures indicate to me a downward reversal in this stock, I will completely liquidate my position in this stock.
I will then look for other buy opportunities in my equity warehouse to use my cash reserve. I will even buy this stock back if the AIM figures has indicated some buy re-entry points.
I am using AIM BTB in a way for all my buy/sell entry and exit points.
Again, i find there is a genius in the AIM invention.

Thanks
ocroft

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