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

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To: The Ox who wrote (18522)10/20/2007 9:27:57 AM
From: OldAIMGuy   of 18928
 
Hi Ox, I think I was surprised by the number of holdings I have that sank more than 1% for the day yesterday. I'll have to take a look at volume on them.

Since most of my holdings were hovering near "sell" points for AIM, they needed to fall a rather large amount to trigger any buying. Only one of my favorites managed to do so. PPC.

Pilgrim's Pride Chicken fell from around $44 to $20 after the Bird Flu scare and I bought a lot of thighs and drumsticks at $21+ back then. AIM had me sell all the way back to $39+ this year. It fell over 10% yesterday after several weeks of slow fade. So, that one triggered my first buy back of shares at $29+ yesterday. I didn't update the graph of my history yesterday, but here it is through the first anniversary:



It was one of the stocks I keep on my PIC List, too. Those are stocks on Value Line's "100 Highest Growth Stocks" list that have fallen on rough times and achieved a #5 Timeliness ranking (lowest) while still on the wonder list. These 100 stocks are rather interesting and usually well known. But, every once in a while they stumble and VL downgrades their 12 month Timeliness rank. That's when I add them to my PIC List.

Best regards, Tom
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