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

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To: velobob who wrote (14755)2/5/2001 10:42:37 AM
From: budweeder  Read Replies (2) of 18928
 
Hi Bob......In this case it was a usual AIM purchase. I had run out of cash in this account on the way down, and AIM has been urging me to buy some more shares...I resisted for several reasons... (the one that will get me the most points with Bernie is that Lichello says that when the cash box is empty, you simply quit buying)...anyway, I had some cash in a couple other accounts that were doing better, and even looked like they could soon throw off some more cash....since I had this poor RYVYX account that AIM insisted was a bargain, I transferred the cash (in the AIM software) to the RYVYX account, and then just made a regular purchase.

The 30% increase in shares, at an additional cost of only about 10% in dollars to what some of the shares cost looks pretty good in the account.....

Now if we can just get the NDX to make a substantial move up....lol.....I believe that predictions on the short term moves of the market are about like spitting into that Texas wind where Grabber lives....but it sorta looks to me like the lower Fed rates, promise of a legislated tax cut, and the fact that future is still in technology should begin to turn the battleship around......if not, we will have to wait awhile.

Regards, Bud
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