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denisebj

01/08/03 1:32 AM

#4286 RE: Steve McWilliams #4285

Excellent job Steve

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Lou Dina

01/08/03 5:52 AM

#4290 RE: Steve McWilliams #4285

Steve,

Way to go!

Lou

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Myst

01/08/03 7:07 AM

#4294 RE: Steve McWilliams #4285

Steve .....great post! Thanks for sharing and I hope other users that might be using both AIM software and X_DEV will share their results as you have.

Though I must stress again that while X_DEV shares it's root with AIM, the philosophy behind their algorithmic properties are very different. AIM is for those who feel investing through long term position trades is best. X_DEV is generally for those who are a bit more active and feel that the interactivity can produce better results than without it. It feels longer term investing is best achieved through a series of shorter term well positioned trades.

Both philosophy's have merit, but I feel the new market action will prove X_DEV will generate better returns, and posts like yours will prove it.

thanks again,



~Myst~
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Steve McWilliams

01/09/03 11:48 PM

#4337 RE: Steve McWilliams #4285

Just 2 days later, and I got to sell 34 shares of TIVO at 6.74, and was ordered to put a limit order in to cash out and sell all my remaining shares of SCSS, if it hits 11.87, which I think it will soon.

That would be the end of my first XDev play, and then it's a matter of deciding whether to re-enter or pick another stock.
Now have a total return in 2 months of 30%, while cash percentage has increased to 30% also, with no funding except the initial IRA deposit. Go X_Dev !

(Of course, we all know that X_Dev itself doesn't pick the stocks or cause the market to go up, but just seeing the pattern of how the stock has behaved, when to enter, when to sell, and how much, is incredible. I would have probably done everything completely opposite to the right way, or done nothing, if I had gone strictly by my own intuition.)