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

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To: OldAIMGuy who wrote (15770)	4/29/2001 8:24:58 AM
From: Steve Grabczyk	Read Replies (1) of 18929

Tom: I understand the model completely! Remember the panic when Andy realized that his first sells would be at a loss to his first buys? This is simply a mental hurdle for newbies to overcome. My echoing Keith's comment about LIFO and SQUAT simply meant to say that within AIM, the individual ratios of sells to buys in terms of gain or loss really don't mean anything. You pointed out in your post that what really matters is that within RL's 10-8-5-4-8-10 model, one can turn 10,000 into 1,000,000. So IMHO, LIFO gains stated out of context to the overall strategy of AIM tend to overstate one's results (actual or implied). Regards, Steve PS: The weather here in Dallas has been perfect all last week! High of 80 yesterday with low humidity and light winds. My son and 4 of his friends started the swimming season yesterday. Water temp was measured @ 76 (still too chilly for us old farts), but they had fun. It looks like a good week coming up as well. It will be tough for me to prepare my presentation what with all of the distractions out there.

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