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

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To: OldAIMGuy who wrote (6327)	11/30/1998 11:42:00 PM
From: Skipperr	Read Replies (2) of 18928

Tom, I am in a quandry as to what investing approach to use. AIM is very good. I understand the good points, especially buying low and selling high and continuing to be invested for long-term gains. I guess the thing that bothers me is William O'Neill's advice to never average down on a stock - but that is the way AIM buys low! Stock selection is also very important. Point and Figure is also a very good discipline. It absolutely gives you an idea who's in charge - buyers or sellers. I like the the way the sectors are defined as well as is the overall market. In some cases overall market and sector P&F make up to 85% of the deciding factors in choosing a stock. Chart watching, day-trading with real-time quotes, scalping and swing-trading are all possibilities. But, I just don't want to be strapped to the computer all day long on my days off. When I'm working, there's no way I can watch the market that closely. Managed Accounts are a possibility. I guess I may be unique but I've not had good luck with other people managing my money. After much experience with managed accounts, I just feel better doing it myself. But, I am still considering opening an account with Yamner. The thing that impresses me about you is that you are retired - have no additional money coming in - and you choose to manage your money with AIM! To me, that says everything! You have the confidence in AIM after extensive use in both bull and bear phases and you're still with it. I am impressed! Your comments and persistence are the reasons why I keep coming back to AIM as a choice for an investment discipline. Still undecided but leaning toward AIM. Your comments will be very much appreciated and welcomed! Best regards, Skipperr

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