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

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To: RFH who wrote (6226)	11/18/1998 9:27:00 AM
From: Jack Jagernauth	Read Replies (1) of 18928

Hi Robert, I checked out one of the links after looking up Lichello on your search engine. There was mention of Mr. Lichello's book at Wealthcenter, but it was recommended that investors avoid using AIM (see below). I thought that Tom in particular might like to respond to the drawbacks they see with Mr. Lichello's method. How To Make 1 Million in the Stock Market Automatically by Robert Lichello This interesting work provides a detailed mathematical model of a strategy that could allow you to make money on stocks even if they merely fluctuate in value rather than increase. There are only two problems our modelling of his strategy in previous markets uncovered: 1.) Mr. Lichello seems to have forgotten about commissions. While most trades whould be large enough that commissions are only a small percentage of the total, this slow s portfolio growth. 2.) More importantly, he neglects tax considerations. This not only slows growth, it wipes out most of the value of this model. There are many, many strategies for investing in stocks. Avoid this one. Regards, Jack

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