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OldAIMGuy

01/10/04 11:26 AM

#11428 RE: Capitalist #11419

Hi Cap, I differentiate between how I handle buying and selling. With AIM, we have an infinite number of sequential Sells that can occur. We can never run out of Stock.

Our Cash Reserve, however, is finite. We can buy only until our purchasing power is gone. So, when AIM tells me to Sell, I don't hesitate at all. When AIM is suggesting a Buy, I'll do the first one without hesitation. However, I allow a cooling off period before the next buy occurs. The time delay depends upon what the I-Wave is suggesting for market risk.

Best regards, Tom
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Toofuzzy

01/10/04 3:07 PM

#11430 RE: Capitalist #11419

Hi CAP

>>One of the key differences in what a lot of people (including Tom I believe) on this board do is that the TIME DELAY is eliminated with the use of pre-set limit orders based on the AIM formula. This causes a problem when AIM comes up with residual buys or sells<<

What some people do is wait the month (or the week)but if there is no trade, THEN place good till cancelled orders, so if it spikes it is taken advantage of. Of course if the stock keeps going up till the end of the month you gave up some price improvement if a good till canceled order is executed.

In many cases it all may equal out in the end.

Toofuzzy