InvestorsHub Logo

ocroft

09/01/10 5:45 AM

#32341 RE: Adam #32340

Hi Adam
"Hi 1step, Of course you'll get better results if you buy when the stock is low and then recovers. How do you propose to study this"

"You can observe a lot by just watching".
Yogi Berra

Just by watching, I have observed that if you are an Lichello BTBish aim user , which I am; your entry and buy levels in a downtrend should only be made on an aim monthly uptick.
An aim user 4 month back commented that they entered a buy on this stock at $14.00. I checked to see if I would have entered at this price. The monthly price cycle was 18.00- 16.60- 14.00.
Now i would not have entered a buy until the stock had upticked. This is the monthly price cycle to date. 18.00- 16.60- 14.00- 10.00 - 9.25 - 5.10. So far , no monthly uptick. The stock is down 62%!
If using a 50/50 allocation their cash reserve is depleted and their average share is $9.50. I am still wating for an uptick entry . I have tons of funds to unleash.
This is not an uncommon occurence. Again these are real life, not fictious stock prices. I only see advantages to this method.
Now, these entry and buy levels are used just by watching the aim system as designed by Mr.Lichello.
"You can observe a lot by just watching".


ocroft