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

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To: aptus who wrote (15501)4/4/2001 12:03:52 PM
From: Jack Jagernauth  Read Replies (1) of 18928
 
Hi Mark,

I understand your point of view.

To my mind, Tom's approach seems like the better way to look at things.

For one thing, I would honestly face up to the reality of my situation...that I am down 80%. To take the remaining 20% and begin AIMing with it as if it's fresh money, and have AIM recommend buys and sells of 5% to 10% of equity, seems a little like getting on a slow boat to China. I could be AIMstering for the next 10 years just to get to break even; after all, we are talking about a 400% increase in the value of the account.

In a situation where I am down 80%, I would be interested in a way to get out of the hole and turn a profit as quickly as possible, and that's where Tom's approach makes more sense to me.

Regards,
Jack
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