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Strategies & Market Trends : A.I.M. PIC List (Perverse Investment Candidates)

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To: OldAIMGuy who started this subject9/7/2001 10:51:22 AM
From: OldAIMGuy   of 127
 
Claire's Stores (CLE) is now on the PIC list as a new entry. It was added at $17.37 per share. CLE looks like it is going to be better for AIM than some of the rest of the group. With a range of about $15 to $22 in recent years, it should cycle AIM's cash many times, assuming it stays in this range.

Overall, the PIC list is suffering a bit these days. With a very difficult environment for the technology stocks on the list as of last Friday's prices the Year To Date performance for the "buy and hold" portfolio down about 7%. The AIM portfolio by comparison is down about 2.5%.

The AIM account did some trading since last week.
Sold 7% of MCRS at $28.40 (Cash Reserve now 40%)
Bought 3% more SUNW at $11.45 (C.R. now 5%)
Bought 5% more VOL at $16.05 (CR now 19%)
Overall the Cash Reserve is showing 30% with 70% of the total invested. I'll be updating the historical graphs of the activity soon.

Best regards, Tom
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