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

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To: Jim Battaglia who wrote (5836)	10/14/1998 4:23:00 PM
From: OldAIMGuy	Read Replies (2) of 18928

Hi Jim, The Idiot Wave is closing in on the Low Risk area. Only 2 points more for the mutual fund value to drop before it's official. I guess we'll know there's no risk left when the market price of our equities hits zero!! Actually today was a good day for me. I managed to sell off about 7% of my Jabil Circuits (JBL) at $40-3/4. It seems to be leading the way out of the hole that my small caps have been in for a month. That JBL trade turned a gross profit of over 70% on a LIFO basis in just 6 weeks. BTW, Wright Equity Hong Kong Fund (WEHKX) has come up nicely from its lows. It's up about 25% from the lowest price I paid. It needs to rise about 15% more for me to break even. First sell point is about $1 away. I'm looking forward to that! I'm always amazed that you can keep so many balls in the air at one time and keep it all straight. I have problems just keeping my one AIM hat on! Your consistency and composure during this latest market bashing has been commendable. Best regards, Tom

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