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

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To: OldAIMGuy who wrote (15409)	3/29/2001 8:02:31 PM
From: Bernie Goldberg	Read Replies (2) of 18928

Hi Tom, You do have a point there. However if he had started with AIM at $20 and averaged down as AIM directed, when the stock started moving up his first 2 or 3 trades would be at a FIFO loss or break even on the third. I agree that AIM would effectively lower the average cost per share. The information lacking in Duke's equation is whether has the willingness, cash or both to double up his investment and still maintain an adequate Cash reserve. I was under the impression that if he added the cash reserve and then bought shares as AIM directed he would then be tapped out. I felt that the beginning AIM experience would be better understood starting from scratch and watching AIM build up the cash reserve. Bernie

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