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

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To: OldAIMGuy who wrote (14189)1/2/2001 8:20:33 PM
From: Larry Grzemkowski  Read Replies (1) of 18928
 
Hi Tom

This was a mixed year for me in which I drifted away from AIM because I got caught up in the euphoria of those Gorilla gains that never seemed to end and always go up and I thought you just could not AIM these stocks and posted as such. But I always felt that valuation counted so after the first drop in March I took profits on the rebound and got back to AIMing those Gorillas. My loss for the year was about 19% and if I would have also been AIMing those Gorillas from the beginning 11/99 to 3/2000 I believe I probably would have broke even or been ahead for the year. So now I am out of cash except for my 401(k) where I bought some more today and am left with about 18% cash. But during 1999 with AIM I made lots of $$$ that more than covers this years losses. So with 10 years to retirement things will work out. And Bernie you were right I should not worry about taking those profits in my taxable account I will just set my limits a little higher to cover the taxes.

So right now I am AIMing everything QQQ, QCOM, SSTI, GMST, NTAP, JDSU AND CREE and I have a lot of shares of these good companies at very reasonable valuations ALONG WITH MY 401(K) – JAOSX, SVSPX AND SGROX.

I wish everyone health in 2001.

Larry G
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