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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: OldAIMGuy who wrote (8958)10/18/1999 5:22:00 PM
From: Bernie Goldberg  Read Replies (1) of 18928
 
Hi,
Overall the last few weeks have not been too bad. I've had two sells in COMS which turned out very nicely with todays 2+ point drop. And I've had buys today in USON, BEAM and APCC. I'm now fully invested in USON. It has been all buys with just one sell located in the middle. Got lots of shares, would be nice to see it start up.
Tom, I am quite aware that you have tried just about every permutation of AIM imaginable. It just gets me that these guys who have never tried it keep making these major modifications to AIM without having really used it other than in backtests. I have come to the opinion that the backtests are sort of a waste of time. Mr. Lichello proved quite conclusively that AIM works with all kinds of stocks that go up and down. I have a friend that called me this morning who has been interested in AIMing for about 3 years, but didn't have enough money in her IRA (IMO). I told her to work with the Dogs of the Dow and keep putting money in her IRA until she had $10,000. That's why she called this morning. She had reached $9450 and wanted to know if that was good enough. She'll probably be ordering Newport in the the next few weeks.
By the way, you and Bob deserve a world of credit for Newport. IMO it's most important attributes are it's faithfulness to the original concept of Mr. Lichello. People can make changes to it, but IMO they should first understand what AIM is and what it does.
Bernie
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