Mutuals:AIMing For Profits--Invest In Best Message Board

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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best

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To: OldAIMGuy who wrote (669)	12/5/1997 8:57:00 PM
From: Jim Battaglia	Read Replies (1) of 4158

Tom, the graphs are excellent. AIM has done a marvelous job. Now you need the market to stabalize and gather in the profits on the way up.. You have positioned yourself well. Fidelity FSELX is ready for a buy. It is presently off its high. In reviewing the data base to 1988 it has a annualized return of 27.24% per year and a Drawdown in that period of 38%. So it looks as tho you would need to have extra cash near 40% to start this fund at its high, but since the fund is off its high...and down 21% this year at its low less cash will be needed. So plenty of ACTION and money to be made with it in AIM or INVEST N BEST. Have a Great Week Jim

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