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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 117.58-2.8%Feb 5 4:00 PM EST

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To: John who wrote (2005)7/30/2002 12:37:02 PM
From: OldAIMGuy  Read Replies (3) of 2063
 
Hi John, Well, the work is done as of today's close. Sold 2300 shares of the ACG bond fund at $7.97 (modest capital gain of $7.70 to $7.97) after collecting about $1200 in dividends on that money for the last 6 months.

The proceeds, $18,312, is being divided 70/30 between UOPIX and a money market fund. I'll use AIM now to handle UOPIX until the next time we see a High Risk event on the Idiot Wave.
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At that time I'll exit UOPIX completely and move those $$$ back to the ACG bond fund. My guess is that we'll see a high risk event within 3 to 6 months.

We'll continue this process as often as the market cycles between low and high risk. Should it settle out for an extended period in the average risk range, I'll be changing the account over to QQQ and AIMing it.

Best regards, Tom
Clear, 54% RH, 83°F (on its way to 90°)
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