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

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To: Jack Jagernauth who wrote (7780)	6/24/1999 12:15:00 PM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Jack, Yes, Mr. Buynhold is still in the lead with AOL. He's given up about half the peak value while AIM gave back about 1/4. However, AIM will keep up better in the next move up because of the extra $60 grand it plowed back into the stock. Rarely will AIM catch up in just one or two cycles to the B&H investor. It takes several cycles to get caught up and a few more to finally be in the lead. This is part of the reason I try to choose stocks for long term growth. I know there will be enough cycles to make AIM worth while if the time frame is long term. Glad to hear the SE Asian stuff is starting to perk up. I'm due to sell a few more shares of WEHKX - a Hong Kong based fund - and continue to rebuild that account's cash reserve. Good to know we're both selling into this sector's upward rotation. We should ask Jim Battaglia how SE Asia ranks these days. General rule of thumb is to trade as minimum 5% of the Equity side of your portfolio while ignoring the Cash Reserve. If using a discount broker, this should not be a problem. Then the next thing you want to do is start taking a percent at a time away from the Buy and Sell Resistance values (SAFE) until you get the trade range down to a practical level. Please remember that as you reduce the SAFE values, you also reduce the LIFO gain of each "round trip." So, make sure you don't shrink it to the point that the broker and the tax collector are the only ones making any money!! Best regards, Tom

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