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

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To: OldAIMGuy who wrote (8317)8/28/1999 1:52:00 AM
From: RFH  Read Replies (2) of 18928
 
Hi, Tom. The link you gave was just unbelievable! I especially like the joker from Kentucky who lambasted Lichello:

<<The author's basic strategy is to sell stocks as their prices rise and buy as their prices fall. This does not make sense. Think about it. If the stock was rising, wouldn't it make more sense to hold onto it until it stopped rising before you sell???? If the stock was falling, why would you buy? Wouldn't it make more sense to stay out of the stock until it stops falling (you avoid buying bankrupt companies that way), and wait until the stock starts to rise again (to prove that it's not on its way to bankruptcy?). If you think what you just read makes sense, then DON'T BUY THE BOOK, because he tells you the exact opposite.>>

Well, what he says does make perfect sense, as long as you have a crystal ball. This guy obviously has not yet begun to invest, as he certainly doesn't know the emotions of fear and greed. What is so nice about AIM is that it minimizes (does not eliminate) these emotions.

I urge my fellow AIMers to check out the link Tom refers to in reply #8317. And e-mail those who responded negatively, the ones who were brave enough to give out their e-mail addresses. We are on a mission to show the light!

Sincerely,
RFH

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