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

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To: DLL who wrote (6556)1/4/1999 12:48:00 PM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi DLL, Don't know the company. I'll take a look. Since you are comfortable with the company and already own some shares, AIM would be happy to manage it for you.

Keep in mind that the percentage lost from a peak to a bottom is about equal to the percentage of Cash Reserve you will need near the top of the market. So if SUBX fell 50% from a previous high to its October lows, then you would have needed about 50% Cash Reserve last summer.

The Idiot Wave was suggesting about 54% Cash Reserve last summer, so if you'd been able to sell to that level, AIM probably would have endured the dive to 1/2 price.

Best regards, Tom
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