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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: OldAIMGuy who wrote (6318)12/3/1998 7:45:00 PM
From: Bruce A. Bowman  Read Replies (1) of 18928
 
Hi Tom- Terrific post. Of course, I've come to expect nothing less.

re: sticking with the same stocks... I had some difficulty deciding
what to do as the market sank into its quagmire. I couldn't really
be sure that the horses I was riding were the best choice for getting
back to even. I finally rotated a few and am pretty happy with the
results. Of the the 3 stocks I rotated out, one has moved back up and
is hitting new highs (BOBJY), but the others did a decent recovery
then stayed level. One out of 3 isn't too bad and the new stocks are
doing very well.

Your post prompted me to look at where things stand for the year.
Here's a blow-by-blow for my results with AIM starting just before I
began using AIM in 2/97. In looking this over, I can see that there
were times when I think I was in the wrong stocks and waited too long
to make a change. Certainly in 7/98 I had a giant error in not taking
profits in EGRP which has affected the last part of 1998 (around the
end of the year I'll do a "what if" on EGRP and see what that mistake
cost me). Clearly the first few months of using AIM created a
personal target to shoot for, but I think it was also an unrealistic
one. This year is probably a better measure since I don't have any
gifts dropped in my lap of overnight doubles! But in all cases, it's
already being in and not getting in late that has captured the
most profits.

Bruce
---------------------
% Change
Date Mo YTD T12Mo Cum
12/31/96 - - - -
1/31/97 3% 3% - 3%
2/28/97 43% 47% - 47%
3/31/97 -8% 36% - 36%
4/30/97 -6% 27% - 27%
5/31/97 7% 36% - 36%
6/30/97 7% 45% - 45%
7/31/97 18% 71% - 71%
8/31/97 3% 77% - 77%
9/30/97 13% 100% - 100%
10/31/97 -7% 86% - 86%
11/30/97 -11% 65% - 65%
12/31/97 -1% 63% 63% 63%
1/31/98 -1% -1% 57% 61%
2/28/98 14% 12% 25% 83%
3/31/98 0% 12% 34% 82%
4/30/98 3% 16% 48% 89%
5/31/98 -6% 9% 30% 77%
6/30/98 3% 13% 26% 83%
7/31/98 14% 28% 22% 109%
8/31/98 -24% -2% -10% 59%
9/30/98 -4% -6% -24% 53%
10/31/98 8% 2% -11% 66%
11/30/98 31% 34% 32% 118%
12/31/98

[This is return on the whole account including cash reserve. 8/31 &
9/30 the cash reserve was $0.]
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