Replies to post #16832 on A.I.M. Users Bulletin Board (AIMUSERS)

[The Grabber]

Hi Ken?

Thanks for giving it the old college try.

I'd not use 100,000 as $ available. Try 10,000 instead. The spreadsheet doesn't allocate your total into many programs. It is one at a time.

Anyway, try 10,000. 4 Sells, 4 Buys, 10,10 parameters on both sides with a minimum Buy of 1,000. This will calculate to a Minimum return (4 consecutive Sells without intervening Buy) on your $3,440 invested of 45% (1,560). A quick look at the work tables will show you that that return will have been realizd on a 73% rise in the stock's price. What is the probability of that ocurring? I don't know, but with these settings, I think it likely that the program will run for quite a while at minimal initial risk. If you did get those 4 consecutive Sells, take the $1,560 to the bank and start a new progeram on something else. You can always go back to your original stock if the price drops after your exit. I've done this 4 times with Sandisk (SNDK). I'm close to my last Sell on it as well.

Let us know.

[AdamH]

You're cash heavy. Unless you're a severe pessimist and expect the market to drop you want 2-3 consequetive buys.

That means with a min order of $1000 you only need 2000-3000 in cash to start with. If you want to use the iWave use it for virtual cash.

Adam