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

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To: Bernie Goldberg who wrote (13373)10/31/2000 11:32:56 AM
From: OldAIMGuy   of 18928
 
Hi Bernie, Thanks for the review. To finish it, through yesterday's close, Mr. Buynhold would be down 45% YTD, my alumni account is off 30.2%, I have 2.56 times the shares I had on Jan. 1st and no cash left.

If yesterday's price turns out to be the actual bottom (I'm not predicting here, just commenting!) then AIM and I will have bought to within $1.87 of the bottom.

All this has been with the inconvenience of having to do business through a brokerage rather than trading directly. The year started with the account at almost exactly 50% Cash Reserve.

Here's an interesting thought. If you had used Mr. L's "revised" AIM as he changed it in 1992, how would the account have faired with 67% invested and 33% Cash on Jan. first?

Best regards, Tom
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