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

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To: OldAIMGuy who wrote (5537)9/2/1998 10:40:00 PM
From: Jack Jagernauth  Read Replies (1) of 18928
 
Tom,

What are your thoughts......

I look up the charts of a few of the mutual funds I have been tracking over the past few years and I noticed that two of them (energy and prec. mtls) gained about 100% and then lost it all, and the third one gained almost 100% and recently dropped to a total gain of about 30% over 3 years.

By the way, those 'fractals' are too big for my liking in mutual funds - can't call those fractals; it might take another 2 or 3 years to get back to a profitable situation in those funds.

As an exit rule, would it make sense to exit an AIM account after one has had a nice run with 4 or 5 consecutive AIM sells?

Exit and move on to something else that may have more upside potential and less downside risk; not really trying to 'time the market', just trying to maximize returns.

Best Regards, Jack
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