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OldAIMGuy

01/20/03 3:34 PM

#7127 RE: lostcowboy #7121

Hi LC, The slower the descent, the more transactions there will be. Also, the greater the cash burn will be at any specific price. If we creep lower from $10 to $8 there will be several purchases. If we drop straight to $8 we actually buy less at that price. If the next checkup has the price lower yet, we don't do any residual buying at $8 and therefore use our cash more wisely.

Many make this mistake all the time. If they get a buy on a drop from $10 to $8 and AIM shows a residual purchase to be made at $8 they immediately spend that extra money. This may have as much to do with "deep diver syndrome" than any other single item.

Best regards, Tom