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

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To: bob wallace who wrote (12060)7/14/2000 11:59:10 AM
From: Bernie Goldberg  Read Replies (2) of 18928
 
Hi,
If you would stayed with you simulation just a little longer you would have seen as well as understood how AIM makes money in a down market. You are eliminating in your simulation the value of patience in AIM investing. I think if you ran simulation until the present day you would see how the shares that AIM had you purchased on the trip from 174 to 44 would have made you a wealthy man today. You also would have realized the benefits of holding on to a stock like IBM.
Our slogan here is "Buy from the scared and sell to greedy". If you sold IBM at 44 or 10 1/2 however you want to figure it, you were one of the scared. Any AIMers in IBM were buying from you. Simulation or not.
Bernie
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