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Technology Stocks : Vitesse Semiconductor

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To: OldAIMGuy who wrote (3943)4/11/2001 12:34:51 PM
From: Duane L. Olson  Read Replies (1) of 4710
 
Tom With the excellent record you (and AIM) have had on this stock, it makes a person wonder if there wouldn't be some way to adjust for the occasional bear market?... Your method seems to work superbly for everything except the kind of bear market that rarely comes around, like in '73-'74, and again in 00-'01. Having to plan for deviations every 25 years, or thereabouts wouldn't seem all that necessary -- until we get into one of "these".... Then it would be nice to be sitting with, say, a 25% "fuel reserve"....
Anyway, nice to get a little "relief" here, even if we aren't out of the bottoming process yet...
dlo
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