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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (26035)7/20/1998 4:43:00 PM
From: JZGalt  Read Replies (1) of 95453
 
Is this just a simple averaging down mechanism at a pre-established trigger level? - If so; do we need a computer to do that for us? - if not please someone; explain the "AIM" system...thanks.

The scope of what you are asking is beyond the space that would be tolerated on this thread. Please go over to:

exchange2000.com

and read about AIM and its methodology. It is not a simple "if it drops 10%, buy 10% more method." You might want to read some of my posts on that thread to see how the portfolio was initially conceived, constructed and the more general posts on how it operates. Go back to about July 5th where I start talking about using AIM in this regard.

Basically, Big Dog recommended 5 stocks in the initial newsletter. I AIM'ed them to provide some sort of "unemotional" method for setting the buy and sell points and amounts. FGII had two buys last week as the stock collapsed.

BTW, AIM isn't a computer, it's a spreadsheet. <ggg>
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