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

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To: Jack Jagernauth who wrote (13529)	11/9/2000 10:59:18 PM
From: LemonHead	Read Replies (2) of 18928

Very interesting elections indeed. You appear to be very calm. This could result in a large influx of "Vote Drafters" (punch card burners) to your country in the very near future. At least the ones that can connect the dots!!! I'm bitting my lip literally. I just witnessed a Reporter on TV that stated that it is very important that we come to a quick resolve of the current situation as the country is running without a President. Well after eight years I don't think a couple more weeks is really going to make much of a difference.<ggg> On AIMing a Basket with a common cash reserve (I read Steve's post, but had already settled on this). Like Steve I haven't been at this long and am only talking about my wife's IRA which I manage with AIM. So far (emphasis) the success has been the diversification of the account. Even when you have the "Deep Diver" it seams that some other dormant equity comes a live to fund the diver. No it isn't perfect or completely predictable, but manageable. I try to add up my total sells & buys (limit orders) each week. On the Buy side I just make sure that there is at least double the total on average. In other words, If all my AIM buys trip in the same week I have enough to perform for another week. Never happen with the proper diversification... The other thing that I think has made the account so AIM active is that it is the spring board for the other taxable accounts that I manage. I generally have some prior experience with the equity (the exception being VNWK) before it is placed in her account. CTXS is a good example. I ran out of cash for buying at around $40. But placed it in her account at around $16 and have had two buys and two sales since, while mine is still waiting for the wind to change directions. I feel that you have been very active in bringing real AIM issues to the thread and would like to complement you for that. Sincerely, Keith PS - The best one I heard on the impossible ballot today. "The old Biddie's can mark their Bingo cards and scratch out their lottery tickets, but they can't punch the proper hole on the ballot".

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