Hi OLD NO.7
Really, here is what I am saying. Here goes:
"The example given for CNGX is not so simple in that there appear to be a couple of reversal points and ocroft picked the second one but I don't know why he only says the first one was not close enough"?
In post number 33813, I gave this definition as an aim reversal.
An aim BTB reversal is when the (mkt order )ceases the buying
process. This actually qualifies 20.23 as an AIM reversal.
However,the reason I said close is because I demand the (mkt order column) to read zero. BTB is less than 100.00 dollars.
The point i am trying to empathize, and to to be proven wrong by veterans aimers , is that buying as the price is descending produces an inferior result regardless of your parameters versus buying on an aim reversal.
Getting back to SNDK. You are right, I would at the 55.16 do a virtual when the stock begin its decline which would cause the PC to rise. The reason i asked about your PC not rising.
During the decline L-D AIM on a say $5.000/6000 split released 5,820 as the price declined to 22.57.
Now, when the price closes up the next month at 27.09, I buy $5,820 worth of the stock. This is the same amount released by L-D AIM during the decline.
Note, I am not tweaking or changing one thing about the AIM design. I am doing the same thing that the aimers are doing with one exception; I am just buying on the inverse side which accumulate more shares and create less commission buys.
ocroft
