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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Jack Park who wrote (13062)10/5/2000 2:03:17 PM
From: budweeder   of 18928
 
Hi Jack; That is an interesting article.....it may happen as he proposes...I don't dismiss an apocalyptic future..but..what I have noticed is that in order for a pundit or author to get attention, they have to predict an extreme event......for example, who would buy a book titled.."The Coming Events are Going to be Pretty Much Normal".....The predictors of a major catastrophic event who happen to get it right (lucky in my opinion, since they are not able to replicate that same vision) profit handsomely until they have a number of calls that do not occur....examples Elaine Garzarelli and Joe Granville.

One of my own mistakes in investing (taking control of my retirement accounts in 1994) has been listening to the fear mongers..and getting out of the market to hide in cash, when the real opportunities were in the market......that is one of the reasons I am becoming such a fan of AIM, it is so easy to become emotional, rather than cooly rational, and AIM helps to do the latter.

The future is always of interest, but no one knows exactly how it will play out..my own expectation is that the market will fluctuate, there may be a bear market as well as bull market in the future...but the directional moves in either direction will probably stop at some point, and then reverse for awhile.......hey, thats a good opportunity for AIM to excel...

Regards, Bud
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