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

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To: fuzzymath who wrote (9848)	1/6/2000 6:37:00 AM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Kevin, Actually the main bond fund that I use has started to recover from its lows set in Dec. It's hardly what I'd call a rally, just lifting itself off the recent lows. GSF is the ticker. It's primarily a long bond portfolio in "Closed End" format so has an extended price cycle following those bonds. I believe it has a 5 year high of near $11/share and bottomed recently near $6. That is plenty of price movement for AIM to use successfully. Since I own this for income, AIMing it is a secondary issue. When the price is up I'll side-line about 10% of 15% of it as cash reserve and then pump those $$$ back in at times like we've been having recently. The last time I was able to buy it "out of favor" was in '93-'94, I believe. This time around I had spare cash available from buy-outs of other stocks, so I built up the holding much more than just what AIM requested. Time will tell if it was a smart move. Best regards, Tom PS: We believe Mr. Greenspan reads this thread every day - but can't prove it!!! PPS: President Reagan spoke here in Port Washington years ago. For weeks ahead of his visit the Secret Service combed the area. One of the local restaurants put a sign in the window, "The Secret Service Eats Here - We Think!!"

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