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

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To: labestul who wrote (12045)	7/13/2000 9:51:38 AM
From: bob wallace	Read Replies (2) of 18928

NO MATTER WHERE YOU START YOU WILL MAKE A TON OF MONEY ... SO DON'T WORRY ABOUT IT AND JUST JUMP RIGHT IN. I have to disagree with this statement somwhat - I have done simulations buying IBM at 160 (or whatever the high was) and following it done to 44 - my thought was that the trading action on the way down would substantially mitigate the decline - WRONG! it was a nasty decline and took years to recover from - so, buying at the top is not very healthy - but I do agree that it isnot necessary to get in at the exact bottom - for example anyone entering UPOIX now, which is about half way in the recent range, will do quite well IMO Bob

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